Vat & cst return
This query is : Resolved
03 February 2012
Can any one tell me the Due date for filing a Revised VAT & CST Return ??
As i filed a VAT & CST Return on 21.01.12 and later i discovered some amount has been wrongly stated. Now i wants to Revised VAT & CST Return both ?
Normally, what will be the time limit for filing the Revised VAT & CST Return, Whether it attracts any penalty ? If yes, then what will be penalty amount ?
As i filed a VAT & CST Return on 21.01.12 and later i discovered some amount has been wrongly stated. Now i wants to Revised VAT & CST Return both ?
Normally, what will be the time limit for filing the Revised VAT & CST Return, Whether it attracts any penalty ? If yes, then what will be penalty amount ?
03 February 2012
In Karnataka, the revision of VAT return is allowed upto 6months from the due of filing the original return.
Should there be any additional tax liability interest @ 1.5% per month penalty @ minimum 10% upto 50% of the tax due can be collected at the discreation of the officer.
Should there be any additional tax liability interest @ 1.5% per month penalty @ minimum 10% upto 50% of the tax due can be collected at the discreation of the officer.
03 February 2012
I have filed the VAT & CST Return in kolkata and i wants to Revise now ??
02 August 2025
For **revising VAT & CST returns**, the rules can vary by state, but here’s a general guideline based on common practices, including specifics for Karnataka and West Bengal (Kolkata):
### 1. **Time Limit for Filing Revised VAT & CST Returns:**
* In **Karnataka**, you can revise your VAT return **within 6 months** from the due date of filing the original return.
* In **West Bengal (Kolkata)**, generally, revisions are allowed within **6 months** from the end of the month in which the original return was filed, but you should check the specific state VAT rules or contact the Commercial Tax Department for exact timelines.
### 2. **Penalty and Interest:**
* If your revision leads to **additional tax liability**, interest is usually charged at **1.5% per month** on the outstanding tax amount from the due date of the original return.
* **Penalty** can be imposed at the discretion of the assessing officer. It usually ranges from a **minimum of 10% to a maximum of 50% of the additional tax** due.
* For **revisions without additional tax liability** (such as corrections in figures with no extra tax due), penalty may not be applicable, but this again depends on the state authority.
### 3. **For CST Returns:**
* CST returns are usually revised along with VAT returns if the corrections relate to interstate sales.
* The time limit and penalty structure mostly follow the VAT guidelines.
---
### What to Do Next:
* **Check your state’s Commercial Tax Department website** or contact them directly for exact rules on revised returns.
* File the revised return as soon as possible to minimize interest and penalties.
* Keep proper documentation of the revision and reasons for correction.
---
If you want, I can help you find the specific rules or forms for your state—just let me know!
### 1. **Time Limit for Filing Revised VAT & CST Returns:**
* In **Karnataka**, you can revise your VAT return **within 6 months** from the due date of filing the original return.
* In **West Bengal (Kolkata)**, generally, revisions are allowed within **6 months** from the end of the month in which the original return was filed, but you should check the specific state VAT rules or contact the Commercial Tax Department for exact timelines.
### 2. **Penalty and Interest:**
* If your revision leads to **additional tax liability**, interest is usually charged at **1.5% per month** on the outstanding tax amount from the due date of the original return.
* **Penalty** can be imposed at the discretion of the assessing officer. It usually ranges from a **minimum of 10% to a maximum of 50% of the additional tax** due.
* For **revisions without additional tax liability** (such as corrections in figures with no extra tax due), penalty may not be applicable, but this again depends on the state authority.
### 3. **For CST Returns:**
* CST returns are usually revised along with VAT returns if the corrections relate to interstate sales.
* The time limit and penalty structure mostly follow the VAT guidelines.
---
### What to Do Next:
* **Check your state’s Commercial Tax Department website** or contact them directly for exact rules on revised returns.
* File the revised return as soon as possible to minimize interest and penalties.
* Keep proper documentation of the revision and reasons for correction.
---
If you want, I can help you find the specific rules or forms for your state—just let me know!
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