TNVAT - FORM I-1

[venkat eswaran]

Dear Experts,

We have an SSI indstry at Chennai, TamilNAdu. While we register at TNVAT it is now showing under Annul Return type. We are now going to file TNVAT annual return form I-1. But we have some liablity that is we have to pay some VAT pmt after adjusting input VAT. 

How we have to pay under Annul return Form I-1?

Kindly give ur views

Thanks

Venkat

[DR.MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in the above issue? If not please inform.

AI Summary

VAT payment procedure for annual TNVAT returns: guidance sought on remitting net tax after input adjustments. Assessee registered for TNVAT as an annual return filer proposes to submit TNVAT Annual Return Form I-1 with VAT payable after adjustment of input tax credits and asks how to remit the net VAT under Form I-1; the sole reply requests clarification and gives no procedural guidance.