sales tax assesements

[venkat eswaran]

Sir,

After introduction of VAT, it is only self- assessment. We need to get asseseement orders after 2007-08 for each year for VAT & CST?  or filing online return is enough? kindly explain the new assesssment methods for VAT & CST in tamil nadu?

AI Summary

Understanding VAT and CST Assessment in Tamil Nadu: Online Returns vs. Assessment Orders Under Amended 2007 Rules A forum participant inquired about the assessment process for VAT and CST in Tamil Nadu post-2007-08, questioning whether online returns suffice or if assessment orders are necessary. Respondents clarified that under the Tamil Nadu Value Added Tax Rules, 2007, amended in 2012, deemed assessments occur without the need for annual orders unless audited by tax authorities. For CST, annual assessments are mandatory when using statutory forms, and nil assessment orders can be issued for inactive businesses. It was advised to consistently file VAT and CST returns and complete CST assessments annually or biennially.