08 March 2013
Please specify on particular point in assessment.. VAT & CST assessment are being done by the Commercial Tax department. They will check & verify your records on which base you have filed your returns. For your benefit, be prepared for the following: - 1. Prepare the VAT & CST return extract (monthwise columnar format) 2. Arrange the Purchase & Sale bills file with all relevant documents. 3. Collect all the pending statutory forms (C Form, F Forms, E-15, E1 ,E2, etc) 4. Prepare a sheet of waybill issued and utilized. 5. Other reports as per the nature of your business.
After assessment, the department will issue a assessment order for the difference in tax payable and penalty thereof...
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