Filing of Form 55

[Guest]

we have been granted vat registration on 23-04-2009 wef l&v 22-03-2009. our sale for 22-03-2009 to 31-03-2009 is rs.600. as our sale for the year 2008-09 is 600. whether we have to file form 55 for change of tax period for 2009-10. the last date to file form 55 i.e 15-04-2009 for 2009-10 already expired. we could not file form 55 as we have received the registration order as on 23-04-2009. what we should do now.

AI Summary

Business VAT Registration Effective March 2009: Filing Form DVAT-55 for 2010-11 Tax Period Adjustment Suggested A business granted VAT registration on April 23, 2009, effective from March 22, 2009, reported a sale of Rs. 600 for March 22-31, 2009. They inquired whether they need to file Form 55 for changing the tax period for 2009-10, despite missing the April 15, 2009 deadline due to late registration. One respondent suggested that no penalty might be imposed due to genuine difficulty, while another advised filing VAT returns quarterly for 2009-10 and then changing the tax period for 2010-11 by submitting Form DVAT-55.