SN Vertical Due DatesParticularConsequence of non compliance
1Income Tax 05.08.2016 Due Date Extended for Individual , Business having
Income Less than < 1
Crore Due date extended from 05/08/2016 to 31st Aug ust 2016 vide order
F.NO.225/154/2015/ITA.II
2 TDS07.08.2016
Payment of TDS deducted for the month of July,2016.
Quote AY-
2017-18Interest @ 1.5% per month or part of month from the date of deduction till the date of payment.
3 COT 15.08.2016 Payment of COT(Monthly ) filing of VA T 120 for July,2016.Interest @ 1.5% per month or part of the month, & P
enalty @ 10% on the
Tax payable.
Payment of VAT and filing of VAT 100 for July,2016.
5 Professional Tax 20.08.2016 E-Payment & filing of F orm 5A for the month of July,2016. Interest @ 1.50% per month or part of the month, Penalty Rs. 250/-
6 Service Tax
06.08.2016 Monthly Payments for Companies sec 75 w ef 14.05.2016 Interest rates on delayed payment of duty/tax across
all indirect taxes are rationalized and made unifor m at 15%, except in case of
Service Tax collected but not deposited to the CENT RAL GOVERNMENT,
the rate of interest will be 24% from the date on w hich the Service Tax
payment became due.
In case of assessees, whose value of taxable servic es in the preceding
year/years covered by the notice is less than Rs. 6 0 Lakh, the rate of interest
on delayed payment of Service Tax will be 12%.
7Excise06.08.2016GAR -7
10.08.2016Monthly Return for production and removal of goods ER-1 Monthly Return of Excisable Goods Manufactured & Receipt of Inputs & Capital Goods By EOU, STP,HTP ER-2 Monthly Return of Informations Relating to Principal Inputs by Manufacturer for Specified Duty paid>=Rs.One Crore in 2015-16 PLA/CENVAT/BOTH ER-6
8 EPF 15.08.2016 Consolidate Statements Due and Remittance under EPF &EDLI Form 12A Monthly Returns of Employee Joined /Left 5/10
9 ESI 21.08.2016 ESI Deposit
www.kavirajaasociates.weebly.com
JULY MONTH COMPLIANCE
4 VAT 20.08.2016
Interest @ 1.5% per month or part of the month, & Penalty @ 10% on the
Tax payable.
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