Vat return

Others 579 views 2 replies

Which assessee are required to file monthly vat return?

And how is it decided whether to file monthly or quarterly return at beginning of financial year?

enlightened

Replies (2)

Following limit are under DVAT Act.

 

S. No.

Turnover (T) in the preceding

Financial Year

Mandatory Tax

Period[Rule 26(1)]

Optional Tax Period

[Rule 26(3)]

a

Turnover is equal to or less than Rs. 10 lacs

[T< 10 lacs]

Year (Six months for 2005-06 commencing from 1.10.2005)

Six months or quarter or one month (Quarter or one month for 2005-06)

b

Turnover is more than Rs. 10 lacs and equal to or less than Rs. 50 lacs

[10 lacs < T < 50 lacs]

Six months

Quarter or one month

c

Turnover is more than Rs. 50 lacs and equal to or less than Rs. 5 crores

[50 lacs < T < 5 crores]

Quarter

One month

d

Turnover exceeds Rs. 5 crores

[T> 5 crores]

One month

No option

 

 

Is it for gujarat VAT too?

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details