Saturday, December 26, 2015

November 2015 monthly returns filing Extension till 05th Jan 2016

APVAT Act 2005 –Filing of monthly Form VAT 200 Return, 
November 2015 –Extension of time till 05-01-2016-Certain instructions issued- Reg.

It is to inform that a provision is created in VATIS in the last week of November2015, such that all the VAT registered dealers submit online, (a)the break up details of Non Creditable purchases and (b)break up details of Sales to VAT dealers and Non VAT dealers in the state of AP, while filing the VAT 200 return. This is created for the purpose of comparing the Sale turnovers with Tax invoices uploaded by the Sellers and also the VAT purchases with reference to Tax invoices uploaded by the Purchasers etc.

For the Tax Periods of June 2015 to October 2015 for which VAT 200 returns were  already submitted  by 30-11-2015, the details are additionally required to be entered in VATIS. Further, these details for the  tax periods June 2015 to October 2015 are required to be submitted before they submit the VAT 200 return for the current tax period (November 2015) as  otherwise the system will not allow to file return of current tax period.     

Certain representations are received from the dealers that they are finding it difficult to submit the details for all these months before 20th December 2015, the due date, for filing the return of November 2015.
In view of this, it is proposed to extend the time to file the  VAT 200 return of November 2015  till 05-01-2016. However, the dealers are required to pay the tax due of November 2015 within the due date of 20-12-2015, failing which penalties will be levied as per the provisions of APVAT Act2015.   
Hence all the dealers  may be informed accordingly.

CCT’s Ref.No. CCW/CS(1)/238 /2015;
Dt: 22-12-2015


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