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Can I read Changes in RVAT Act 2003 Tax Filing Rules on EtoBox?
Changes in RVAT Act 2003 Tax Filing Rules by nj12340 is a document available to read on EtoBox.
What is Changes in RVAT Act 2003 Tax Filing Rules about?
The definition of annual tax liability under the RVAT Act 2003 has changed, now including only output tax, purchases tax, reverse tax, and tax under the CST Act. Dealers with an annual tax liability of Rs. 20,000 or more in the previous year must file quarterly returns. Additionally, the e-filing of VAT returns has become mandatory for dealers with a turnover exceeding Rs. 80 lakhs from the previous year, effective from April 1, 2010.
- Author
- nj12340
- Language
- EN