Extension of Time limit for submission of Form 18 under Chhattisgarh VAT Act for Financial Year 2013-14, 2014-15 and 2015-16

Extension of Time limit for submission of Form 18 under Chhattisgarh VAT Act for Financial Year 2013-14, 2014-15 and 2015-16

April 20, 2017 FISCAL 0

Commercial Tax Department ,Chhattisgarh has issued Notification No 12 ,15 and 17 dated 10/03/2017 and has extended the time limit for submission for Form -18 for Financial year 2013-14, Financial year 2014-15 and Financial year 2015-16.State Government hereby exempts the class of dealers for such year from the provisions of the said Act subject to such conditions and restrictions as specified in Table:

 

Sl NoClass of DealersYearSection /Rule from which exemption Granted                                Conditions and Restrictions
1Registered Dealers whose annual turnover is less than Rs 1 Crore, who deals in goods as specified in Sl No 5 of Part III of Schedule II OF The Chhattisgarh Value Added Tax Act,2005Financial Year 2013-14,Financial Year 2014-15 and Financial Year 2015-16Clause (i) ,(ii) and (iii) of Sub-section 2 of section 21 and rule 20(2)(a)When the dealers specified in column (2) after payment of due tax amount with interest if any files a statement online in Form-18 prescribed as per the provisions of clause (B) of sub- section (1) of Section 19 of the Chhattisgarh Value Added Tax Act, 2005 for the

Financial Year – 2013-14 up to 30/04/2017

Financial Year – 2014-15 up to 31/05/2017

Financial Year – 2015-16 up to 30/06/2017

2Registered Dealers whose Annual turnover is less than RS 10 Crore, except dealer who deals in goods as specified in Sl. No 5 of Part III of Schedule II OF The Chhattisgarh Value Added Tax Act,2005Financial Year 2013-14, Financial Year 2014-15 and Financial Year 2015-16Clause ( C ) of sub-section (1) of section 19, Clause (i), (ii), and (iii) of sub section (2) of Section 21 and sub-section (2) of section 41 and Rule 20(2)(a)When the dealers specified in column (2) after payment of due tax amount with interest if any files a statement online in Form-18 prescribed as per the provisions of clause (B) of sub- section (1) of Section 19 of the Chhattisgarh Value Added Tax Act, 2005 for the

Financial Year- 2013-14 up to 30/04/2017

Financial Year- 2014-15 up to 31/05/2017

Financial Year- 2015-16 up to 30/06/2017

and shall furnish a copy of audit report as required under section 44AB of the Income Tax Act, 1961 before the Commercial Tax Officer.

3Registered Dealers whose annual Turnover is 10 Crore or more except dealer who deals in goods as specified in Sl No 5 of Part III of Schedule II OF The Chhattisgarh Value Added Tax Act,2005Financial Year 2013-14, Financial Year 2014-15 and Financial Year 2015-16Clause (i) ,(ii) and (iii) of Sub-section (2) of section 21 and Rule 20(2)(a)When the dealers specified in column (2) after payment of due tax amount with interest if any files a statement online in Form-18 prescribed as per the provisions of clause (B) of sub- section (1) of Section 19 of the Chhattisgarh Value Added Tax Act, 2005 for the

Financial Year- 2013-14 up to 30/04/2017

Financial Year- 2014-15 up to 31/05/2017

Financial Year- 2015-16 up to 30/06/2017

and shall furnish a copy of audit report as required under section 44AB of the Income Tax Act, 1961 and audit report in Form-50 as specified in Sub-rule (1) of rule 53 of the Chhattisgarh Value Added Tax Rules,2006 before the Commercial Tax Officer.


Source : Commercial Tax Department- Chhattisgarh

 

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