Form 403
This query is : Resolved
09 November 2011
I have heard from some sources that now a separate form has to be issued for iron and steel component entering into the premises.
Is that true? if yes can any one tell me the whole procedure for the same?
Is that true? if yes can any one tell me the whole procedure for the same?
10 November 2011
Give the name of State for which you are seeking query.
25 July 2024
Form 403, as per the information available, pertains to the Gujarat Value Added Tax (GVAT) Act, specifically for declaration and entry of goods into the state of Gujarat. Here’s an outline of the procedure related to Form 403:
1. **Purpose**: Form 403 is used for declaring goods being brought into Gujarat from outside the state. It ensures compliance with the GVAT Act and facilitates the monitoring of movement of goods for taxation purposes.
2. **Applicability**: It applies to all goods entering Gujarat, including iron and steel components or any other goods.
3. **Procedure**:
- **Obtain Form**: The importer (buyer) needs to obtain Form 403 from the concerned authorities. This form can typically be obtained from the Commercial Tax Department or the GST Department of Gujarat.
- **Submission**: The importer (buyer) needs to fill out Form 403 accurately, detailing the goods being brought into Gujarat.
- **Declaration**: The form serves as a declaration about the goods and their value, intended use, and other relevant details required by the tax authorities.
- **Verification and Acknowledgment**: Once filled, Form 403 is submitted to the appropriate authority. After verification, the authority may provide an acknowledgment or receipt of the form.
- **Retention**: It's essential to retain copies of Form 403 and any related documents for record-keeping and potential future audits.
4. **Compliance**: Compliance with Form 403 is crucial to avoid penalties or delays in goods entry. It ensures that the movement of goods into Gujarat is accounted for under the GVAT Act.
5. **Recent Changes**: If there have been recent changes or updates to Form 403 or its requirements, it's advisable to check with the Gujarat Commercial Tax Department or GST Department for the latest information. They can provide specific guidance on any new procedures or forms required for iron and steel components or other goods entering Gujarat.
For precise and current instructions, contacting the Gujarat Commercial Tax Department directly or visiting their official website would provide the most accurate information regarding Form 403 and related procedures.
1. **Purpose**: Form 403 is used for declaring goods being brought into Gujarat from outside the state. It ensures compliance with the GVAT Act and facilitates the monitoring of movement of goods for taxation purposes.
2. **Applicability**: It applies to all goods entering Gujarat, including iron and steel components or any other goods.
3. **Procedure**:
- **Obtain Form**: The importer (buyer) needs to obtain Form 403 from the concerned authorities. This form can typically be obtained from the Commercial Tax Department or the GST Department of Gujarat.
- **Submission**: The importer (buyer) needs to fill out Form 403 accurately, detailing the goods being brought into Gujarat.
- **Declaration**: The form serves as a declaration about the goods and their value, intended use, and other relevant details required by the tax authorities.
- **Verification and Acknowledgment**: Once filled, Form 403 is submitted to the appropriate authority. After verification, the authority may provide an acknowledgment or receipt of the form.
- **Retention**: It's essential to retain copies of Form 403 and any related documents for record-keeping and potential future audits.
4. **Compliance**: Compliance with Form 403 is crucial to avoid penalties or delays in goods entry. It ensures that the movement of goods into Gujarat is accounted for under the GVAT Act.
5. **Recent Changes**: If there have been recent changes or updates to Form 403 or its requirements, it's advisable to check with the Gujarat Commercial Tax Department or GST Department for the latest information. They can provide specific guidance on any new procedures or forms required for iron and steel components or other goods entering Gujarat.
For precise and current instructions, contacting the Gujarat Commercial Tax Department directly or visiting their official website would provide the most accurate information regarding Form 403 and related procedures.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
