Important Notifications: December 04

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  • Notification: Chhattisgarh VAT:
  1. Extension in last date of completion of assessment proceeding in respect of specified dealer upto January 31, 2017

The Chhattisgarh Government vide Notification No. F-10/43/2016/CT/V(76) dated November 30, 2016 has amended Notification No. F-10-36/2015/CT/V(64) dated September 30, 2015 thereby substituting the figures, word and punctuation “30th November, 2016”, with the figures, word and punctuation namely “31st January, 2017.”

Thus, the last date for completion of assessment proceeding of dealers liable to pay tax under the Chhattisgarh Value Added Tax Act, 2005 (“the CVAT Act”), the Central Sales Tax Act, 1956 or the Chhattisgarh Sthaniya Kshetra Me Mal Ke Pravesh Par Kar Adhiniyam, 1976, which has to be completed by the end of the calendar year 2015 under provisions of Section 21(7) of the CVAT Act and which are not completed upto said time period & are pending before specified officers is further extended from November 30, 2016 to upto January 31, 2017.

Read more at: http://www.comtax.cg.nic.in/pages/2016/Time%20extension%20Notification%2012-13.pdf

  1. Exemption to specified dealers from the prescribed provisions of CVAT Act and Rules for certain period

The Chhattisgarh Government vide Notification No. F-10/44/2016/CT/V(77) dated November 30, 2016 has provided exemption to specific class of dealers for a certain period from prescribed provisions of the CVAT Act  and  Chhattisgarh Value Added Tax Rules, 2006 (“CVAT Rules”) subject to  restrictions and condition as under-

S.No Class of Dealers Period Section/Rule from which exemption is granted Restrictions and conditions
1

Registered Dealer whose annual turnover is less than Rs. 1 crore, who deals in goods specified in S.No. 5 of part-III of Schedule-II of CVAT Act

F.Y.-2015-16 Section 21(2)(i),(ii) and (iii) dealing with provisions of assessment of tax   and Rule 20(2)(a) dealing with quarterly return under form 17

Dealer after payment of due tax amount with interest, if any, has to file a statement  online in Form-18 prescribed in section 19(1)(b) of the CVAT Act for the F.Y. 2015-16 upto 28-02-2017

2 Registered dealer under CVAT Act whose annual turnover is less than Rs. 10 crore, except dealer who deals in goods specified in S.No. 5 of part-III of Schedule-II of CVAT Act F.Y.-2015-16 Sections: 19(1)(c) & 41 (2) dealing with requirement of furnishing audit report with other statements, 21(2)(i), (ii) &, (iii) dealing with assessment of tax  and rule 20(2)(a) dealing with quarterly return under form 17

Dealer after payment of due tax amount with interest, if any, has to file a statement  online in Form-18 prescribed in section 19(1)(b) of the CVAT Act for the F.Y. 2015-16 upto 28-02-2017 and shall furnish copy of audit report, as required under section 44(AB) of Income Tax Act, 1961 before the Commercial Tax Officer

3

Registered dealer under the CVAT Act whose annual turnover is Rs. 10 crore or more, except dealer who deals in goods specified in S.No. 5 of part-Ill of Schedule-II of CVAT Act

F.Y. 2015-16 Section 21(2)(i),(ii) & (iii) dealing with assessment of tax   and Rule 20(2)(a) dealing with quarterly return under form 17

Dealer after payment of due tax amount with interest, if any, has to file a statement  online in Form-18 prescribed in section 19(1)(b) of the CVAT Act for the F.Y. 2015-16 upto 28-02-2017 and shall furnish copy of audit report as required under section 44(AB) of an audit report in Form-50 as specified  in Rule 53(1) of CVAT Rules before the Commercial Tax Officer

Read more at: http://www.comtax.cg.nic.in/pages/2016/20141577.pdf

  1. Extension in last date of filing Part-C of Form- 18 for Financial Year 2015-16 upto February 28, 2017 subject to certain restrictions and conditions

The Chhattisgarh Government vide Notification No. F-10-44/2016/CT/V(78)dated November 30, 2016 has extended the date for furnishing statement in Part-C of Form- 18 prescribed under Rule 20(2)(b) of CVAT Rules for Financial Year 2015-16  upto February 28, 2017 subject to certain restriction and conditions as under-

S. No. Rule from which exemption is granted Restrictions and conditions
(1) (2) (3)
1

Part-C of Form- 18 prescribed under clause (b) of sub-rule (2) of rule 20 of the Chhattisgarh Value Added Tax Rules, 2006

When the information of Part-C is related with purchase or sale within the Chhattisgarh state of: –

(a) Goods specified in Schedule- I of the Act or goods exempted by notification, or

(b) Goods specified in S.No. 1 and 2 of Part III of Schedule II of the Act, or

(c) Medicine at maximum retail price. 

Read more at: http://www.comtax.cg.nic.in/pages/2016/20141578.pdf

  1. Extension in last date of furnishing statement in Form 18 for specified dealers for financial year 2014-15 upto February 28, 2017

The Chhattisgarh Government vide Notification No. F-10-44/2016/CT/V(79) dated November 30, 2016 has amended the Notification No. F-10-33/2016/CT/V (65) dated July 11, 2016 (“the Notification No. 65”) by substituting the figures and punctuation “30-11-2016”, with “28.02.2017” thereby extending the last date of furnishing statement in Form 18 (statement showing details of the particulars furnished in the quarterly returns) for specified dealers as given in the Notification No. 65 for Financial Year 2014-15 upto February 28, 2017.

Read more at: http://www.comtax.cg.nic.in/pages/2016/20141579.pdf

  1. Extension in last date of filling Part-C of Form 18 for Financial Year 2014-15 upto February 28, 2017

The Chhattisgarh Government vide Notification No. F-10-44/2016/CT/V(80) dated November 30, 2016 has amended the Notification No. F-10-33/2016/CT/V(66) dated July 11, 2016 by substituting the figures and punctuation “30-11-2016” with  “28.02.2017” so as to extend the last date of filling Part C of Form 18 for Financial Year 2014-15 upto February 28, 2017 subject to restrictions and conditions prescribed.

Read more at: http://www.comtax.cg.nic.in/pages/2016/20141580.pdf