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 No Class of Dealers Year Section /Rule from which exemption Granted                                 Conditions and Restrictions
1 Registered 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,2005 Financial Year 2013-14,Financial Year 2014-15 and Financial Year 2015-16 Clause (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

2 Registered 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,2005 Financial Year 2013-14, Financial Year 2014-15 and Financial Year 2015-16 Clause ( 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.

3 Registered 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,2005 Financial Year 2013-14, Financial Year 2014-15 and Financial Year 2015-16 Clause (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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