If a person is filing vat return monthly say for the month of April(Delhi) accordingly to sales tax act .i.e gross turnover exceeding 5 crores,now if he is expecting that turnover will be reduced (below 5 crores) in the current financial year,now can he file his sales tax return on quaterly basis in the same financial year.
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Date of return filing
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Tax period of any Dealer under DVAT is determined on the basis of turnover in the immediately preceding financial year. Once a Tax period has ben determined it can be changed in the next accounting year only. For that the dealer has to file DVAT-55 within 15 days of the commencement of the year. You can not have two tax perioda in one accounting year.
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