What is the Periodicity of vat retrun from April 16 will now be applicable ?
Is there is change in Half Yearly VAT Returns
Understand New VAT Returns are required to be uploaded by Transaction wise i.e. Invoice wise and not consolidated figures
There will be 100% cross verification of your Input Set off with the suppliers data. If it does not matches it will be required to be paid in next period due return Sales Tax Department has issued FAQ & Presentation on VAT Returns
Revised annexures and forms are not availavle in maharshtra vat site.
Can you please guide in his regard..
Thanks
CAclubindia
