Query regarding vat return filing

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This query is : Resolved

CA. Mukesh Jangid (Querist)

21 June 2012 My total turnover for the F.y.11-12 is around 40 Lacs under works contract.

I did not file the VAT return for the last qarter ( Jan,12- March,12)yet.

what is the last date of filing the return?? and whether J1 & J2 and any other annexures are required to file along with VAT returns??

Pls reply ASAP

Dayal

Dayal (Expert)

22 June 2012 Yes J1 & J2 is compulsory for those dealers who are not eligible for VAT 704.

For details of tax calendar I would suggest you visit www.mahavat.gov.in and refer the tax calendar at the bottom of the home page.

Now the concept of delay is dealt upon differently, you need to pay the penalty and then only you will be eligible for uploading your return.

Refer the Budget changes where A late fee of Rs. 5,000/-has to be paid along with the return which is filed beyond the prescribed period under the rules. At present, a penalty was being levied of equivalent amount and order to that effect was required to be passed. Now, no penalty order is required to be passed and late fee has to be paid by the dealer himself along with the return u/s 20(6) which is newly inserted.

CA. Mukesh Jangid

CA. Mukesh Jangid (Querist)

22 June 2012 Thanks for your valuable feedback...

I had check online, due date for filing the return is extended upto 30th june,12 for March,12 quarter.

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