Statements/ VAT Audit to be furnished by registered dealers and penalty for Non furnishing the same Under WB VAT
As per Section 30E of West Bengal VAT Act 2003- (1) Every registered dealer shall, in the manner as may be
Read MoreNo Commencement of Business Certificate is required for New Companies
The Companies (Amendment) Act 2015 which Notified on 25th May, 2015 Omitted Section 11 of Companies Act 2013 which calls
Read MoreCertain amount of tax to be paid in case of dispute appeal Petition under WBVAT
Second proviso to sub-section (1) of section 84 has been substituted w.e.f. 01.04.2015. As per the amended provision a dealer
Read MoreChanges in provisions of STDS in WBVAT
(i) Submission of scroll has been made mandatory w.e.f. 02.11.2012 by inserting sub-section (2A) for a person who deducts tax
Read MoreInterest will be paid by WB VAT department for Delayed Refund
Existing provisions of section 36 has been renumbered as section 36(1), and a new sub-section (2) has been inserted w.e.f.
Read MoreRate of Interest payable on late payment of WB Vat has been changed
Rate of interest payable by a dealer has been graded- Under the existing provisions of law, the rate of interest,
Read MoreVAT Audit limit has been raised to 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
Read MoreConditions for entitlement of Input Tax Credit modified in WB VAT
As per the new provision of sub-section (4A) of section 22, ITC or ITR shall be available to the purchasing
Read MoreInput Tax Credit on duty credit scrip for manufacturer-cum-importers introduced: WB VAT
Till 31.03.2015, a dealer was not entitled to avail ITC on duty credit scrip other than for the purpose of
Read MoreLImit of 20 Company Audit by a CA is not applicable for Private Limited Company
MCA Notification to exempt private companies u/s 462 of the Companies Act 2013. Notification issued by the Ministry of Corporate
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