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VAT return

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Prasannakumar Hiremath

30 Points Posted on 25 February 2021

Hi Sir, one of our clients has his own Petrol and diesel Bunk, He is filing GST on regularly as Non GST outward supply but What about VAT is it mandatory to file VAT as well and even VAT 240

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Quick Summary

If you operate a petrol and diesel station and are filing GST on outward supplies, you likely also need to file VAT returns. VAT is levied by individual states on fuel sales, meaning compliance with state-specific VAT rules, including forms like VAT 240, is generally mandatory.