Surrender of professional tax registration

[pradeep vissamsetty]

I would like to know procedure for surrender of professional tax registration

[Guest]

The procedures of registration under professional tax vary from state to state. In Andhra Pradesh, now Prof. Tax registration is similar to Vat registration. Submit pan card, bank account no. list of employees, their salaries, proof of date of commencement of business etc., You have to pay arrears of prof. tax also pertaining to previous years. You have to pay penalty also as per the discreption of the assessing officer. After registtation, every month, remit tax pertaining to the collections from the employees.

AI Summary

Professional tax registration procedures vary by state; some jurisdictions mirror VAT rules, requiring documents and settlement of arrears. Surrender and deregistration of professional tax hinges on state-specific procedural rules; applicants must follow the scheme applicable in their jurisdiction. In Andhra Pradesh the registration process aligns with the VAT-style regime: applicants must furnish PAN, bank account details, a list of employees with salaries, and proof of commencement of business. Outstanding professional tax liabilities and penalties as assessed must be discharged, and employers must remit professional tax monthly on amounts collected from employees.