Vat quarterly return
This query is : Resolved
14 October 2016
we don't made any purchase or sale yet.do we need to file return this quarter??
14 October 2016
If you are registered you need to file Nil Return.
Message likes :
1 times
14 October 2016
yes, do file the NIL return.
Message likes :
1 times
14 October 2016
what is the last date to file the return for this quarter in Punjab
02 August 2025
In Punjab, the due date for filing VAT returns depends on your annual turnover and the mode of tax payment.
**Quarterly Return Filing:**
* **For Taxpayers with Annual Turnover ≤ ₹1 Crore:**
* **Tax Payment via Cash:** Due within 30 days from the end of the quarter.
* **Tax Payment via Cheque/Demand Draft:** Due within 20 days from the end of the quarter.([Scribd][1])
* **For Taxpayers with Annual Turnover > ₹1 Crore:**
* **Monthly Tax Payment:** Due within 20 days from the end of each month.
* **Quarterly Return Filing:** Due within 20 days from the end of the quarter.([Scribd][1])
These timelines are stipulated under the Punjab VAT Act, 2005, and are crucial to avoid penalties.([TaxGuru][2])
**For Nil Returns:**
Even if there are no transactions, registered dealers are required to file a Nil return.
**Penalty for Late Filing:**
A penalty of ₹100 per day is applicable for late filing of returns.
**Resources:**
* [Taxation Commissionerate, Punjab](https://www.taxation.punjab.gov.in/)
* [Time Limits under Punjab VAT Act, 2005](https://taxguru.in/goods-and-service-tax/time-limits-punjab-added-tax-act-2005.html)
If you need assistance with filing your returns or understanding specific forms, feel free to ask!
[1]: https://id.scribd.com/document/82088045/Punjab-Vat-Note?utm_source=chatgpt.com "Punjab Vat Note | PDF | Invoice | Value Added Tax"
[2]: https://taxguru.in/goods-and-service-tax/time-limits-punjab-added-tax-act-2005.html?utm_source=chatgpt.com "Time Limits under Punjab Value Added Tax Act, 2005"
**Quarterly Return Filing:**
* **For Taxpayers with Annual Turnover ≤ ₹1 Crore:**
* **Tax Payment via Cash:** Due within 30 days from the end of the quarter.
* **Tax Payment via Cheque/Demand Draft:** Due within 20 days from the end of the quarter.([Scribd][1])
* **For Taxpayers with Annual Turnover > ₹1 Crore:**
* **Monthly Tax Payment:** Due within 20 days from the end of each month.
* **Quarterly Return Filing:** Due within 20 days from the end of the quarter.([Scribd][1])
These timelines are stipulated under the Punjab VAT Act, 2005, and are crucial to avoid penalties.([TaxGuru][2])
**For Nil Returns:**
Even if there are no transactions, registered dealers are required to file a Nil return.
**Penalty for Late Filing:**
A penalty of ₹100 per day is applicable for late filing of returns.
**Resources:**
* [Taxation Commissionerate, Punjab](https://www.taxation.punjab.gov.in/)
* [Time Limits under Punjab VAT Act, 2005](https://taxguru.in/goods-and-service-tax/time-limits-punjab-added-tax-act-2005.html)
If you need assistance with filing your returns or understanding specific forms, feel free to ask!
[1]: https://id.scribd.com/document/82088045/Punjab-Vat-Note?utm_source=chatgpt.com "Punjab Vat Note | PDF | Invoice | Value Added Tax"
[2]: https://taxguru.in/goods-and-service-tax/time-limits-punjab-added-tax-act-2005.html?utm_source=chatgpt.com "Time Limits under Punjab Value Added Tax Act, 2005"
07 February 2026
Which State you are in?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- When TDS on GST applied
- Requirement of tax deduction at source by individual
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
