Demad of dvat in which favor we make cheque

DVat 3340 views 3 replies

Dear Experts

 

We have to pay demad of Dvat with interest , in which favor we make cheque (what we written on cheque ) and also how to fill challan form to submit .please rply its most urgent

 

Thanks & Regards

Replies (3)

Dear Amit,

It sud me made in the favour of "xyz bank DVAT A/C".

 

Thanks & regards

CA Vinod Kaushik

If sale exceeds 60 lakh . do we have to submit the audit report along with the dvat return or some other procedure is there?

Dear Abhay,

If, in respect of any particular year, the gross turnover of a dealer exceeds forty lakh rupees or such other amount as may be prescribed, then, such dealer shall get his accounts in respect of such year audited .

A true copy of such report shall be furnished by such dealer to the Commissioner within twenty eight days from the end of the tax period ending on 31st December of the following year:

ie Audited Accounts has to be submitted by 28th Jan 2013 in respect of FY 2011-12.

Thanks 


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