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What is the procedure for filing a sales tax Return.

Srinivas (Student.) (152 Points)

04 July 2010

hi,,

i want to know the details regarding the sales tax.What are the procedures for filing the returns??What are the important points to be considered in sales tax.Please provide all the required details regarding the sales tax.

Thanks in advance.

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14 Replies

RAKESH (Almost CA) (2199 Points)
Replied 04 July 2010

For filing of sales tax returns following are to be adhered with :

Prepare annexure for purchase and the sales

Annexure 1 is for purchase which shows the amount of VAT paid by you

Annexure 2 is for sales effected by you and the VAT Collected by you

Difference between the two has to be paid if the liability arises or else input tax credit is carried forward to the subsequent month

For filing the due date is 20th and it need to be filed monthly to the commercial tax officer where the jurisdiction of your case falls.

You need to take 3 sets of Form I along with Annexure 1 and 2 .

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RAMESH KUMAR VERMA ( CS PURSUING ) (43853 Points)
Replied 05 July 2010

DEAR,

NOT ONLY SALES TAX BUT ALSO VARIOUS TAXES DIRCET AND INDIRECT PLS. LOG ON TO :-

https://www.vakilno1.com/bareacts.htm

Rrgards,

CA DHIRAJ AGARWAL (firm) (80 Points)
Replied 05 July 2010

hello rakesh,,,,,,,,,,,,,,,,,

Form 14 is required for westbengal sales tax return and

Form 1 is required for central sales tax return..........................

Nitin Grover (CS) (1228 Points)
Replied 05 July 2010

Dear Srinivaskalyan

Their are diff. forms in each state. .

Generally method for filling S.Tax / Vat return is Calculate VAT Output and deduct VAT Input = Remaining pay Tax ( as per time prescribed) i.e monthly, quartely, half yearly.

In return show full details

G.T.O

Sales by-frication and Tax Purchase by-frication and Tax Tax free sale and purchase, Intra state and interstate both. Show Tax summary and calculation attached related annexures (for details of Sales and Purchses)

Regards

CA Lokesh Kumar Tiwari (Asst. Finance Manager) (195 Points)
Replied 05 July 2010

Dear Srinivas

as u know that sale tax return file in various forms prescribed in rules in all states as the case may be. These forms vary in state to state. U should give details of purchase from registered as well as unregistered dealers and input credit received in sale tax return form. as like purchase details of sale and sale tax collected should be given in prescribed form. if ITC is greater then tax collected than it should be carried forward to next subsequent month or if collected tax is greater then ITC than difference amount should be paid.

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CA Parag Shukla (Practicing Chartered Accountant) (153 Points)
Replied 05 July 2010

For Maharashtra VAT please visit www.mahavat.gov.in

CHAMPAK DAS (ACCOUNTANT) (21 Points)
Replied 03 April 2012

hi,, I want to know the details regarding the sales tax,Income tax and Vat.What are the procedures for filing the returns??What are the important points to be considered in sales tax,Income tax and Vat,please provide all the required details regarding the sales tax,Income tax and Vat. Thanks in advance. Regards Champak Das

Manoj Tanwar (na) (37 Points)
Replied 05 June 2012

how many times sales tax return can be revised ?

vedu sharma (Accountant) (37 Points)
Replied 29 August 2013

hi, can anybody suggest me for procedure for deposite the sales tax.

Durgesh Kumar (Accountant) (26 Points)
Replied 01 January 2014

note :Tax Contribution means output tax minus input tax for each commodity

Please discribed this note

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Durgesh Kumar (Accountant) (26 Points)
Replied 01 January 2014

note :Tax Contribution means output tax minus input tax for each commodity

Please discribed this note

Manoj Kumar Bansal (Accounts Cum Admin) (21 Points)
Replied 01 March 2014

Hi, Please help me, I want to know about sale tax return (vat+cst). Can anyone tell me how to file.

From Manoj Kumar

Sowmiya Narayanan (CS) (52 Points)
Replied 15 September 2015

VAT/ Sales Tax registration is required for any business that is into sales either by way of trading, manufacturing, whether individuals, partnerships, Companies, or other forms of businesses. For more details about the procedure of sales tax registration, visit https://www.dobizindia.com/sales-tax-vat-registration/.