TNVAT - Annual Return

[Govarthan P]

Sir / Madam,

We are Chemical Fertilizers and Pesticides dealer. All the goods we deal are exempted and our annual turnover is appx ₹ 2 crores. Can i file Annual VAT Return instead of Monthly VAT Return. Thanks in advance.

AI Summary

Dealer of Exempted Chemical Fertilizers Informed No Need for VAT Registration or Returns Under TNVAT Act A chemical fertilizers and pesticides dealer, with an annual turnover of approximately 2 crores, inquired about the possibility of filing an annual VAT return instead of a monthly one, given that their goods are exempted. A consultant responded that if the goods are exempted, there is no need for registration under the TNVAT Act, nor is there a requirement to submit statutory returns.