Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: list of goods taxed at 4% :: empanelment :: ACCOUNTING STANDARDS :: due date for vat payment :: ACCOUNTING STANDARD :: form 3cd :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: cpt :: VAT Audit :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS
 
 
VAT (Value Added Tax) »
 Is it a modified Value Added Tax?
 GST regime: VAT Commissioner and CBEC to work with businesses
 Amendments in the Second Schedule appended to the Act (Delhi Value Added Tax Act, 2004)
 Guidelines relating to downloading of Statutory Forms-Modification thereof
  Grant of Registration under DVAT & CST
 VAT on petroleum products to continue, to be decided by GST Council
 Government rolls out settlement scheme to clear VAT, CST dues
 Maharashtra government offers VAT benefit to realty buyers
 Govt should focus on income tax instead of VAT
 Amendments in the second Schedule received from Finance Deptt.
 VAT exemption stays in tax reform bill

Migration from Value Added Tax to GST begins
January, 05th 2017

Ahead of the implementation of the GST Bill, the Department of Commercial Taxes has started facilitating migration from Value Added Tax (VAT) to GST for dealers.

Having started from January 1, 2017, dealers have a fortnight’s time to complete the enrollment. Data available with the department reveals that there are 6.16 lakh registered dealers in Karnataka. Of these, around 3 lakh have already enrolled for migration to the GST, said Ritvik Pandey, Commissioner of Commercial Taxes.

Pandey told reporters on Monday that provisional IDs were given to all the dealers who gave their PAN data for the process.

“Those who were registered under VAT, Entertainment Tax and Luxuries Tax in the state will now have to enroll for the GST also,” he said.

The department has set up help desks in several places, including divisional-level VAT offices, local VAT offices and VAT sub offices to make it easy for the dealers. An interactive interface is also available to answer frequently asked questions on www.ctax.kar.nic.in. The FKCCI has also started a help desk in co-ordination with the department of commercial taxes at the Federation House on KG Road. Department officials will be available to provide information on migration to the GST.

Answering a query on the impact to trade post-demonetisation, officials said it was yet to be assessed. Till now, in the current financial year, a total of `38,700 crore tax has been collected by the department, as against the target of `51,000.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions