Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: due date for vat payment :: empanelment :: articles on VAT and GST in India :: cpt :: TDS :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company
 
 
VAT (Value Added Tax) »
 Disposal of pending Form DVAT 04 & Form DVAT 07 applications: regarding
 Cenvat Credit Rules, 2017 III Part
 VAT phased out in TS
 Cenvat Credit Rules, 2017 II Part
 Cenvat Credit Rules, 2017 – Part I
 How much do you know about VAT as a taxpayer?
 New tax structure not higher than VAT
 Cos will be reimbursed for exemptions that currently exist in the VAT regime
 GST will get states more than VAT
 Is it a modified Value Added Tax?
 GST regime: VAT Commissioner and CBEC to work with businesses

Govt extends date for e-filing of VAT returns upto Feb 28
February, 17th 2011

After the protests by tax bar unions across the state over slow process involved in the compulsory electronic filing of Value Added Tax (VAT), the Commercial Tax Department issued a circular on Tuesday extending the tax return filing date as February 28 for traders who have to quarterly or monthly returns since September 2010. Incidentally, it was in October 2010, when the compulsory e-filing for VAT began in the state.

According to the circular issued by Commercial Tax Commissioner Guruprasad Mohapatra on Tuesday, all the traders who have not been able to file their e-returns for quarterly and monthly VAT from September 2010, can file returns up to February 28.

On the other hand, for those filing their quarterly and monthly returns since December 2010, the same could be done for 30 days from the last date of filing their returns. During this period, according to the department officials, no fine would be charged in both the cases.

The vice-president of All Gujarat Tax Bar Association, Bhaskar Patel, while welcoming the announcement, said the deadline should have been extended till March 3.

The issue is of slow servers. The fault is not of the traders but of the system which is very slow, he said.

What could not be accomplished in last four months, will it be possible for the commercial tax department to do in 15 days? asked Patel.

With these concerns, representative of the tax bar associations would be meeting the officials from the Commercial Tax Department on Thursday in Gandhinagar.

The tax bar associations of the state, comprising tax auditors were protesting against the e-filing of VAT, which according to them has caused loss to traders of the state as servers for compulsory e-filing have been slow.

Commercial Tax department officials have, however, said it is comparatively a new system and will take time to perfect depending on the feedback from the traders.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

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