Under rule 37A of the West Bengal Value Added Tax Rules, 2005 Dated: 16.08.2017 Since there are compelling reasons to extend the due date of submission of return under section 32 of the West Bengal Value Added Tax Act, 2003,…
Category: WB VAT
WBVAT Interest Calculator
With effect from 01.04.2015 the rate of interest under WBVAt on delay payment of tax is as follows :- Sl. No. Period of delay for which interest is payable Rate of interest 1 Up to the first 90 days 1 % per month…
Rate of Interest payable on late payment of WB Vat
Rate of interest payable by a dealer has been graded- With effect from 01.04.2015 the rate of interest has been graded into three different rates in the following manner depending on delay in paying tax :- Sl. No. Period of delay for…
VAT Audit limit is Rs. 10 Crore & submission of Income Tax Audit report becomes mandatory in WBVAT
By amending sub-section (1A) of section 30E the monetary limit of filing audit report in Form 88 has been raised from Rs. 5 Crore to Rs. 10 Crore with effect from the financial year 2015–16. However, under the amended provisions…
Post GST Issuance and use of Form C, etc., under the Central Sales Tax Act, 1956 in West Bengal
TRADE CIRCULAR NO. 08/2017 Issuance and use of Form C, etc., under the Central Sales Tax Act, 1956 Queries have been received from different quarters regarding issuance and use of declarations in Form ‘C’ under the Central Sales Tax Act,…
WB VAT Return date for Quarter Ended 30.06.2017 has been extended
Since there are compelling reasons to extend the due date of submission of return under section 32 of the West Bengal Value Added Tax Act, 2003, read with rule 34A, rule 34AA and rule 34AB of the West Bengal Value…
WBVAT Return Q4 of 2016–17 Extended upto 16.05.2017
As per circular issued by department DIRECTORATE OF COMMERCIAL TAXES, West Bengal: Since there are compelling reasons to extend the due date of submission of return under section 32 of the West Bengal Value Added Tax Act, 2003, read with rule…
A Email ID & Mobile No can Be use for maximum 5 TIN Nos in WB VAT
Subject: Updating of Email-IDs and Mobile Numbers In order to take care of the difficulties faced by the dealers due to non-communication or delayed communication of various orders, notices, demands, etc., rule 208 of the West Bengal Value Added Tax…
WB VAT portal is open for Sale Purchase mismatch correction for the year F/Y 2013–14
WB VAT portal is open for Sale Purchase mismatch correction for the year F/Y 2013–14. You can modify your data for unlimited times upto 20-JUL-2015. PLEASE READ TRADE CIRCULAR NO. 03/2014 dated 18/02/2014 CAREFULLY BEFORE RECONCILIATION (The same procedure is to…
WB VAT: Submission of paper copy of VAT returns by Dealer after Online Return
In terms of rule 34A or rule 34AA or rule 34AB of the West Bengal Value Added Tax Rules, 2005, periodic returns are to be submitted online by the dealers. If the return is furnished by a dealer using his…