AP VAT revised return
This query is : Resolved
05 March 2010
By mistake one of my friend has filed VAT 200 form with some mistakes.
Now is there any provision to file revised return. If yes, what is the form No.
I am talking about Andhra Pradesh VAT.
Thank you
Now is there any provision to file revised return. If yes, what is the form No.
I am talking about Andhra Pradesh VAT.
Thank you
08 March 2010
Hi Vijay,
Please refer APVAT Rules 2005, see Rule 23 (6), it clearly says that you can file revised return in Form VAT 213 within six months from the original return filed. The rule says;---
"If any VAT dealer having furnished a return on Form VAT 200 finds any omission or incorrect information therein, other than as a result of an inspection or receipt of any other information or evidence by the authority prescribed, he shall submit an application on Form VAT 213 within a period of six months from the end of the relevant tax period. "
Regards
Balu
Please refer APVAT Rules 2005, see Rule 23 (6), it clearly says that you can file revised return in Form VAT 213 within six months from the original return filed. The rule says;---
"If any VAT dealer having furnished a return on Form VAT 200 finds any omission or incorrect information therein, other than as a result of an inspection or receipt of any other information or evidence by the authority prescribed, he shall submit an application on Form VAT 213 within a period of six months from the end of the relevant tax period. "
Regards
Balu
15 July 2010
.
15 July 2010
Boss Vijay,
There is a provision in AP VAT Act. You can file form VAT 213 for revised return. This is to be filed within six months from the original return filed date. Ensure this.
Anything,,do feel free to mail back.
balu
There is a provision in AP VAT Act. You can file form VAT 213 for revised return. This is to be filed within six months from the original return filed date. Ensure this.
Anything,,do feel free to mail back.
balu
16 July 2010
On Revision the assessee is getting VAT Payable. Is any interest levied on that amount.
16 July 2010
After Revision, if VAT payable is still existing, then Interest @ 1% is calculated on balance VAT payable by the Department and Form 307 / 308 will be issued to the dealer for making interest payment and ensure that the revised return should be within six months from the original filing.
Regards,
Balu
Regards,
Balu
18 July 2010
Thank you Mr. Bala Kishan, I have got the answer thanks a lot.
Now, Even then the assessee did not file the revised return and simply continuing with the wrong return filed previously , What are the consequences which he might be facing.
Please tell me.
vj
Now, Even then the assessee did not file the revised return and simply continuing with the wrong return filed previously , What are the consequences which he might be facing.
Please tell me.
vj
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
