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Amendments in RVAT Act, 2003
Amendments in RVAT Act, 2003
Amendments in RVAT Act, 2003
Now the annual tax liability means OUTPUT TAX +PURCHASES TAX+REVERSE TAX+ TAX UNDER THE CST
ACT ONLY. If it was Rs. 20000 or more in the immidiatly prceeding year the dealer has to file quartly
return.
Earlier the input tax was allowed to reduced to determined the annual tax liability.
Regards
Dear Sir,
The Commercial taxes deptt. Raj. has made mendatory the e filing of Vat return for the period
commencing from 01/04/2010 for those dealers having the turnover including the turnover under
Central Sales Tax Act. more then Rs. 80 lacks in the previous Year.
regards