S K and Associates : SALES TAX

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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: 22pt;"><i><u><b>INDIRECT TAXES UPDATE – 158</b></u></i></span></span></div>
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<span style="color: #c00000;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: medium;"><i><u><b>VALUE ADDED TAX</b></u></i></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #c00000;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: medium;"><i><u><b>UTTARAKHAND VAT</b></u></i></span></span></span></span></span></div>
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<span style="color: #0070c0;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i><u><b>Last quarter return for FY 2015-16 can be filed upto 31.05.2016 without late fees</b></u></i></span></span></span></div>
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<span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">The Uttarakhand Government vide </span></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i>Circular No. 332/2016/19(120)/XXVII(8)/2012 dated 25</i></span></span></span><span style="color: #231f20;"><sup><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i>th</i></span></span></sup></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i>April, 2016</i></span></span></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"> has extended the due date for filing last quarter returns for FY 2015-16 to 30.05.2016 (from 30.04.2015) without payment of any late fees.</span></span></div>
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<span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i>[Circular No. 332/2016/19(120)/XXVII(8)/2012 dated 25</i></span></span></span><span style="color: #231f20;"><sup><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i>th</i></span></span></sup></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i> April, 2016]</i></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #c00000;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: medium;"><i><u><b>ANDHRA PRADESH VAT</b></u></i></span></span></span></span></span></div>
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<span style="color: #0070c0;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i><u><b>Tenders for Government Authorities will not include the tax element until its finalization</b></u></i></span></span></span></div>
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<span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">Government Departments/ PSUs and other Government Bodies are directed to exclude the tax element from the prices quoted by the bidders in the tenders for procurement of goods. After the tenders are finalized, the goods will be supplied at the quoted price after including the tax separately i.e. VAT rate or CST rate, as the case may be. If the supplier is registered under the APVAT then tax may be deducted while making payment of bill and remit it to the Commercial Taxes Department.</span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i>[Notification G.O.MS.No. 170 dated 26</i></span></span><span style="color: #231f20;"><sup><span style="font-family: "palatino linotype" , serif;"><i>th</i></span></sup></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i> April, 2016]</i></span></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i><u>Comments:</u></i></span></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i> To maintain parity and reduce distortion in price between suppliers within the State and suppliers outside the State, the Government has mandated that all tenders issued by Government Departments / PSU’s shall exclude the tax component. This circular is necessitated since the price quoted by bidders from outside the state including CST rate (2%) is much lower than the price quoted by bidders within the State including AP VAT rate (14.5% or 5%).</i></span></span></span></span></div>
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<span style="color: #c00000;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: medium;"><i><u><b>MAHARASHTRA VAT</b></u></i></span></span></span></div>
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<span style="color: #0070c0;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i><u><b>Amendments made to the Maharashtra Value Added Tax Act, 2002</b></u></i></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">The following amendments proposed by </span></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i>Maharashtra Bill No. L. A. BILL No. XVIII of 2016</i></span></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">has received the assent of the Governor on 26</span></span><span style="color: #231f20;"><sup><span style="font-family: "palatino linotype" , serif;">th</span></sup></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"> April 2016 and has made following modification in Maharashtra Value Added Tax Act, 2002:</span></span></span></span></div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Section 16 : Rejection / Cancellation of Registration Certificate</b></span></span></div>
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<span style="font-family: "palatino linotype" , serif;">The prescribed authority may pass a rejection order without giving an opportunity of being heard but after intimating the applicant, if the registration application is:</span></div>
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<span style="font-family: "palatino linotype" , serif;">-not complete or</span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">-documents required have not been uploaded on </span><span style="color: blue;"><u><a href="https://www.rediffmail.com/cgi-bin/red.cgi?red=http%3A%2F%2Fwww%2Emahavat%2Egov%2Ein%2F&isImage=0&BlockImage=0&rediffng=0&rogue=9ee0fa8e78d2c2e317775abeae4cb96391887885&els=55326933a86b1fbb12aeaef901dffafe" rel="external" style="color: #0066ff; font-family: arial; font-size: 12px;" target="_blank">www.mahavat.gov.in</a></u></span><span style="font-family: "palatino linotype" , serif;"> or</span></span></span></div>
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<span style="font-family: "palatino linotype" , serif;">-documents are inconsistent or</span></div>
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<span style="font-family: "palatino linotype" , serif;">-prescribed conditions are not fulfilled</span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">Further, if the applicant complies with all the discrepancies intimated within 30 days from the date of intimation of rejection order and if such compliance is approved by the prescribed authority then the application so rejected, shall stand restored. However, the applicant shall be eligible to rectify the discrepancies only once.</span></span></span></div>
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<span style="font-family: "palatino linotype" , serif;">If any person has obtained registration by fraud or by misrepresentation of facts then the Commissioner may cancel the registration certificate with effect from such date as he may deem fit after giving a reasonable opportunity of being heard to the dealer.</span></div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Section 20 (Returns & Self-assessment)</b></span></span></div>
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<span style="font-family: "palatino linotype" , serif;">A revised return for any omission or incorrect statement may be furnished at any time before a notice of assessment is served or before the expiry of a period prescribed for furnishing the audit report i.e. within 9 months and 15 days of the end of the year (earlier 10 Months) to which the report relates to, whichever is earlier.</span></div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Section 23 (Assessment)</b></span></span></div>
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<span style="font-family: "palatino linotype" , serif;">Returns for the period commencing on or after 01.04.2012 and filed within the due date would be assessed on the basis of such return. Further if assessment order is not made within 4 years from the end of the year to which such returns relate then such returns shall be deemed to have been accepted.</span></div>
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<span style="font-family: "palatino linotype" , serif;">An intimation of assessment proceeding shall be communicated to the dealer within 6 months before the date of expiry of the period of limitation for assessment. If the dealer agrees with the intimation and files the return or revised return along with full payment of tax and interest, then a confirmation order shall be passed and the assessment proceedings shall be deemed to have been closed.</span></div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Section 26 (Appeals)</b></span></span></div>
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<span style="font-family: "palatino linotype" , serif;">An appeal can also be preferred against the order of Advance Ruling Authority.</span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">A new</span><span style="font-family: "palatino linotype" , serif;"><b> Section 28A (Determination of tax liability as per fair market price) </b></span><span style="font-family: "palatino linotype" , serif;">has been inserted by providing that during the course of any proceedings if any transaction is entered for a sale price which is below the fair market price (FMP) so as to pay less tax, then the Commissioner shall determine the tax liability as per the FMP while passing an order in such cases.</span></span></span></div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Section 31 (Deduction of tax at source)</b></span></span></div>
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<span style="font-family: "palatino linotype" , serif;">It has been provided to transfer the credit of TDS by the contractor to the subcontractor for the TDS deducted by principal on payment made to a contractor. Further, the employer awarding the contract shall be liable to obtain registration for TDS & such TDS return shall be filed by him. No registration is required to be obtained by an employer if he is already registered under the Act. Penalty upto the amount of tax deductible may be imposed for not obtaining such registration. A further penalty of upto Rs. 5,000 may be imposed for failure to submit the return. The employer may also furnish a revised return on or before the expiry of a period of 9 months from the end of the year to which the return relates.</span></div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Section 55 (Advance Ruling)</b></span></span></div>
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<span style="font-family: "palatino linotype" , serif;">This section has been substituted with the following:</span></div>
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<span style="font-family: "palatino linotype" , serif;">The Commissioner or the ARA shall make an advance ruling within 90 days from the date of acceptance of the application for the questions prescribed.</span></div>
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<span style="font-family: "palatino linotype" , serif;">Application may be withdrawn within 30 days from the date of its submission.</span></div>
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<span style="font-family: "palatino linotype" , serif;">No application shall be accepted where the question raised in the application:</span></div>
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<span style="font-family: "palatino linotype" , serif;">is already pending before the Tribunal/ Bombay High Court/ Supreme Court or</span></div>
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<span style="font-family: "palatino linotype" , serif;">involves a transaction which is designed apparently for the avoidance of tax.</span></div>
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<span style="font-family: "palatino linotype" , serif;">The acceptance of the application shall be communicated within 30 days from the date of submission.</span></div>
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<span style="font-family: "palatino linotype" , serif;">The Advance Ruling (AR) shall be binding on all the officers, appellate authority or on the ARA/ Commissioner for similarly situated persons.</span></div>
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<span style="font-family: "palatino linotype" , serif;">The AR shall not affect the liability of the applicant or of any other person similarly situated in respects of any sale or purchase affected prior to the Advance Ruling.</span></div>
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<span style="font-family: "palatino linotype" , serif;">The appeal / rectification against the AR order can be filed within 30 days.</span></div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Section 70 (Power to collect statistics)</b></span></span></div>
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<span style="font-family: "palatino linotype" , serif;">A sub-section (3) has been inserted stating that any person who fails to furnish information shall be liable to a penalty of a sum not exceeding Rs. 1 lakh and in case of continuing default for a period beyond 2 months then a further penalty of Rs. 1,000 for every day.</span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;"><b>Section 56 (Determination of disputed questions)</b></span><span style="font-family: "palatino linotype" , serif;"> has been deleted.</span></span></span></div>
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<span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i>[MAHARASHTRA ACT No. XV OF 2016]</i></span></span></span></div>
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<span style="color: #0070c0;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i><u><b>Amendments made to Maharashtra Value Added Tax Rules, 2005</b></u></i></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">Following amendments have been made in the Maharashtra Value Added Tax Rules, 2005 which is effective from 01.04.2016:</span></span></span></div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Rule 8 (Application for registration of dealers liable to tax)</b></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">Any dealer liable to pay tax shall (including voluntary registration) submit a registration application electronically on </span><span style="color: blue;"><u><a href="https://www.rediffmail.com/cgi-bin/red.cgi?red=http%3A%2F%2Fwww%2Emahavat%2Egov%2Ein%2F&isImage=0&BlockImage=0&rediffng=0&rogue=9ee0fa8e78d2c2e317775abeae4cb96391887885&els=55326933a86b1fbb12aeaef901dffafe" rel="external" style="color: #0066ff; font-family: arial; font-size: 12px;" target="_blank"><span style="font-family: "palatino linotype" , serif;">www.mahavat.gov.in</span></a></u></span><span style="font-family: "palatino linotype" , serif;"> in Form 101 along with Form 105 (to be submitted electronically) declaring the name of manager of business or authorized person and PAN. Hitherto only Form 101 was required to be submitted.</span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">As such, every application for registration shall be made electronically (even where passport photo is to be affixed). Further, a proof of having current account in bank & PAN is not required to be submitted to the registering authority while making such application.</span></span></span></div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Rule 17 (Submission of Returns)</b></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">It has been provided that return forms will be available on </span><span style="color: blue;"><u><a href="https://www.rediffmail.com/cgi-bin/red.cgi?red=http%3A%2F%2Fwww%2Emahavat%2Egov%2Ein%2F&isImage=0&BlockImage=0&rediffng=0&rogue=9ee0fa8e78d2c2e317775abeae4cb96391887885&els=55326933a86b1fbb12aeaef901dffafe" rel="external" style="color: #0066ff; font-family: arial; font-size: 12px;" target="_blank"><span style="font-family: "palatino linotype" , serif;">www.mahavat.gov.in</span></a></u></span><span style="font-family: "palatino linotype" , serif;"> in the electronic form only i.e. no hard copies of the same can be obtained from Department.</span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">A dealer who is holding Certificate of Entitlement under the Package Scheme of Incentives except the Power Generation Promotion Policy, 1998, and if he is liable to file return then he shall file Form 231 (normal return) in addition to the return in Form 234 (return for dealers holding certificate of entitlement).</span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">From 01.04.2016 returns are to be submitted electronically on the website.</span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">Sub-rule (4A) has been inserted stating that for the period commencing from 01.04.2016, a monthly return is to be filed within 21 days by the registered dealers if during the previous year his-</span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">tax liability had exceeded Rs. 10 lakhs or,</span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">refund had exceeded Rs. 1 crore.</span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">Other registered dealers shall file a quarterly return within 21 days.</span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">Dealers who have not opted for the composition scheme and are not required to file Audit Report shall file the return along with other details of the entire year in Annexures appended to Form 704 (Audit Report).</span></span></span></div>
</li>
</ul>
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</div>
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<span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Rule 17A (Electronic Filing)</b></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">Any Document submitted electronically on the </span><span style="color: blue;"><u><a href="https://www.rediffmail.com/cgi-bin/red.cgi?red=http%3A%2F%2Fwww%2Emahavat%2Egov%2Ein%2F&isImage=0&BlockImage=0&rediffng=0&rogue=9ee0fa8e78d2c2e317775abeae4cb96391887885&els=55326933a86b1fbb12aeaef901dffafe" rel="external" style="color: #0066ff; font-family: arial; font-size: 12px;" target="_blank"><span style="font-family: "palatino linotype" , serif;">www.mahavat.gov.in</span></a></u></span><span style="font-family: "palatino linotype" , serif;"> shall be deemed to have been submitted to the registering authority unless expressly provided for submission.</span></span></span></div>
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<span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><b>Rule 18 (Special provision for first and last return in certain cases and for dealers under the Package Scheme of Incentives)</b></span></span></span></div>
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<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">A sub-rule (1A) has been inserted stating that where a dealer who obtains registration on or after 01.04.2016 and -</span></span></span></span></div>
</li>
</ul>
<ul>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">has not applied for registration within 30 days of the prescribed limit of turnover, then for the unregistered period the dealer is required to file the return from the first day of sales liable to VAT or purchases made till the date he obtains Registration Certificate. Thereafter, for the registered period the first return will be filed from the date of effect of registration.</span></span></span></span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">has applied for registration within the above time limit then the first return shall be for the month in which he makes sale liable to VAT or for which he can avail credit of the taxes paid on his purchases. Thereafter, he shall file the returns from the date of obtaining registration certificate.</span></span></span></span></div>
</li>
</ul>
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</div>
<ul>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">In case of registration cancellation w.e.f. 01.04.2016, the Annexure in Form 704 is required to be filed with the other details for entire year or for the part of the year.</span></span></span></span></div>
</li>
</ul>
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</div>
<ul>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">A sub-rule (3A) has been inserted stating that w.e.f. 01.04.2016-</span></span></span></span></div>
</li>
</ul>
<ul>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">A dealer to whom Certificate of Entitlement (excluding the Certificate of Entitlement granted under the Power Generation Promotion Policy, 1998) has been granted then he shall also file a return for the period starting from the first day of the quarter/ month till the day he obtains the certificate. Further, if the dealer has executed any works contract or has transferred the right to use any goods or has part of the business under composition, then he shall file a monthly return in Form 233 in addition to Form 234.</span></span></span></span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">The last return shall be filed for the period starting from 1</span></span><span style="color: #231f20;"><sup><span style="font-family: "palatino linotype" , serif;">st</span></sup></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"> day of the month till the date on which certificate ceases. The next return will be for the period from the date on which such certificate ceases till the end of the month.</span></span></span></span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">For the immediately succeeding year the dealer will file return according to sub-rule (4A) of Rule 17 as mentioned above.</span></span></span></span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="font-family: "palatino linotype" , serif;">The above provisions shall also apply to a dealer to whom a Certificate of Entitlement has been granted by way of deferment of payment of tax.</span></span></span></div>
</li>
</ul>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i><u>Comments:</u></i></span></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"> </span></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i>The returns to be filed by a dealer covering the period on non-registration would need to be distinguished and identified separately. Hitherto such provision was not available where the dealer was required to file the return from the date of registration which includes non-registered period as well.</i></span></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><b>Rule 45 (Method of Payment)</b></span></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">From 01.04.2016 a dealer may electronically get a copy of the acknowledgement of the payment made.</span></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i>[Notification No. VAT.1516/CR-52/Taxation-1.- dated 22</i></span></span><span style="color: #231f20;"><sup><span style="font-family: "palatino linotype" , serif;"><i>nd</i></span></sup></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i> April, 2016]</i></span></span></span></span></div>
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<span style="color: #c00000;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: medium;"><i><u><b>RAJASTHAN VAT</b></u></i></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #0070c0;"><span style="font-family: "palatino linotype" , serif;"><span lang="en-IN"><i><u><b>Cancellation of wrongly generated Declaration Forms/Certificates</b></u></i></span></span></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">Assessing authorities may cancel CST declaration forms beyond 6 months from the date of generation after approval of the Deputy Commissioner (Administration) having jurisdiction. The detailed process is as follows:-</span></span></span></span></div>
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<ul>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">Assessing Authority shall enter the date of application in "Cancel CST Forms" & if the cancellation is within 6 months then the system will allow such cancellation.</span></span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">A manual application for permission to cancel CST declaration Forms after 6 months shall be submitted to the Deputy Commissioner (Administration) which will be processed manually.</span></span></span></span></div>
</li>
<li><div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">If the date of cancellation application is beyond 6 months then the system shall not allow the Assessing Authority to cancel CST forms until the order number and order date of the Deputy Commissioner (Administration) has been entered allowing the dealer for submission of cancellation application of CST forms.</span></span></div>
</li>
</ul>
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</div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i>[</i></span></span><a href="https://www.rediffmail.com/cgi-bin/red.cgi?red=http%3A%2F%2Frajtax%2Egov%2Ein%2Fvatweb%2Fdownload%2Fcir%5Fnoti%2FCIR%2Fcircular1%5F27042016%2Epdf&isImage=0&BlockImage=0&rediffng=0&rogue=65d6f9734c2cf4c3094a2736146ad7a2272d744b&els=55326933a86b1fbb12aeaef901dffafe" rel="external" style="color: #0066ff; font-family: arial; font-size: 12px;" target="_blank"><span style="color: blue;"><u><span style="font-family: "palatino linotype" , serif;"><i>Circular No. 1/2016-17 No. F.16 (97)/Tax/CCT/14-15/183-184 dated 26</i></span></u></span><span style="color: blue;"><u><sup><span style="font-family: "palatino linotype" , serif;"><i>th</i></span></sup></u></span><span style="color: blue;"><u><span style="font-family: "palatino linotype" , serif;"><i> April, 2016</i></span></u></span></a><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i>]</i></span></span></span></span></div>
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</div>
<div align="JUSTIFY" style="margin-bottom: 0in;">
<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i><u>Comments:</u></i></span></span><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i> To ease the process of cancellation of wrongly generated CST declaration forms beyond 6 months, the above facility has been introduced.</i></span></span></span></span></div>
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<span style="color: #c00000;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: medium;"><i><u><b>PUNJAB VAT</b></u></i></span></span></span></div>
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</div>
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<span style="color: #0070c0;"><span style="font-family: "palatino linotype" , serif;"><span style="font-size: small;"><i><u><b>Date for e-filing of Form VAT-15 for the quarter ending 31.03.2016 extended upto 06.05.2016</b></u></i></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;">Punjab Government has brought to the notice of dealers/ chartered accountants/ lawyers/ other stakeholders that the due date for filing online quarterly returns in Form VAT-15 for the quarter ending 31.03.2016 has been is extended from 30.04.2016 to 06.05.2016.</span></span></span></span></div>
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<span style="font-family: "times new roman" , serif;"><span style="font-size: small;"><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i>[</i></span></span><a href="https://www.rediffmail.com/cgi-bin/red.cgi?red=https%3A%2F%2Fwww%2Epextax%2Ecom%2FPEXWAR%2FShowDoc%2FWLP%2BRepository%2FextensionVAT%2D15&isImage=0&BlockImage=0&rediffng=0&rogue=a13ec5d70adde9627fffc9f04a165a00454979ef&els=55326933a86b1fbb12aeaef901dffafe" rel="external" style="color: #0066ff; font-family: arial; font-size: 12px;" target="_blank"><span style="color: blue;"><u><span style="font-family: "palatino linotype" , serif;"><i>Public Notice dated 26</i></span></u></span><span style="color: blue;"><u><sup><span style="font-family: "palatino linotype" , serif;"><i>th</i></span></sup></u></span><span style="color: blue;"><u><span style="font-family: "palatino linotype" , serif;"><i> April, 2016</i></span></u></span></a><span style="color: #231f20;"><span style="font-family: "palatino linotype" , serif;"><i>]</i></span></span></span></span></div>
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INDIRECT TAXES UPDATE – 158

INDIRECT TAXES UPDATE – 158 VALUE ADDED TAX UTTARAKHAND VAT Last quarter return for FY 2015-16 can be filed upto 31.05.201...

S K and Associates

INDIRECT TAXES UPDATE – 158

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