Due date

This query is : Resolved

Guest

Guest (Querist)

12 July 2012 Dear Sir / Ma'am,

Can you please tell me what is the due date for payment of Sales Tax?

My brother has just started a business a month back & this would be the 1st month to pay Sales Tax?

Turn over not known as of now..
Also if he has been charged Sales Tax on purchases as well, as far as i know the sales tax for his sales would reduce as it is calculated as Sales (Tax) - Purchase (Tax), is tht correct?

Also, I have asked him to fill in the 704 Form for paying the Sales Tax, is tht correct?

CA Pooja

CA Pooja (Expert)
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13 July 2012 In Which state are the Sale & Purchase transactions carried out?

Guest

Guest (Querist)

13 July 2012 It is in Maharashtra (Mumbai to be specific)...both purchase & Sales? Can you please tell me when is the last date for making sales tax pmts & what is the challan or form no tht we need to fill in order to pay sales tax??

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