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« VAT (Value Added Tax) »
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 Gujarat slashes tax on ATF by 5 per cent
 CENVAT Credit can’t be denied If ISD invoices issued for distribution of ITC prior to Registration
 1 step forward, 2 steps back. Is GST going the VAT way?
 1 step forward, 2 steps back. Is GST going the VAT way?
 Pending VAT comes to haunt companies claiming input tax credit
 One-time settlement of VAT, excise disputes in the works
 Haryana government uploads photos of VAT defaulters
 Filing of online return for 4th quarter of 2017-18 extension of period thereof.
 No Cenvat credit admissible on outward transportation services from factory to buyer’s premises
  Filing of reconciliation return in form 9 for the year 2016-17
 Govt may send notice to 162 companies; ask for VAT returns

Amendments in VAT rules by Government
December, 04th 2010

The government today brought amendments in the Jammu and Kashmir Value Added Tax Rules, 2005 in exercise of the powers conferred under section 85 of VAT.

According to a notification issued by Finance department, in rule 16 for the words five years, wherever occurring, the words six years shall be substituted.

In proviso to sub rule (2) of rule 28, for the words three months the words six months shall be substituted.

In sub- rule (2) of rule 55 for the letter and figure   Rs 10,000 the letter and figure Rs 50,000 shall be substituted.

 

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