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?

[Guest]

 To : venkat eswaran

 

The following GO will be answer to your queries.

 

ABSTRACT

RULES – Tamil Nadu Value Added Tax Rules, 2007 – Amendment to rules 6 and 8 – Notified.

COMMERCIAL TAXES AND REGISTRATION (B1) DEPARTMENT

G.O.Ms.No.83 Dated: 18.6.2012

 

From the Principal Secretary/Commissioner of Commercial Taxes

Letter No. Drafting Cell-1/7722/2011, dated 16.3.2012.

*****

ORDER:

The Notification annexed to this order will be published in an Extraordinary issue of the Tamil Nadu Government Gazette, dated the 19th June, 2012.

(BY ORDER OF THE GOVERNOR)

SUNIL PALIWAL

SECRETARY TO GOVERNMENT

ANNEXURE. NOTIFICATION.

In exercise of the powers conferred by sub-section (1) of section 80 of the Tamil Nadu Value Added Tax Act, 2006 (Tamil Nadu Act 32 of 2006), the Governor of Tamil Nadu hereby makes the following amendment to the Tamil Nadu Value Added Tax Rules, 2007:-

 

2. The amendment hereby made shall come into force on the 19th June, 2012.

AMENDMENTS.

In the said Rules,-

 

(1) in rule 6, for sub-rule (11), the following sub-rule shall be substituted, namely:-

“(11) Accounts maintained by a registered dealer shall be preserved by him for a period of six years from the date of assessment.”;

(2) in rule 8, after sub-rule (8), the following sub-rules shall be added, namely:-

 

“(9) Where a registered dealer is deemed to have been assessed under the Act, the assessing authority shall not be required to issue any assessment order or intimation to the dealer.

(10) The deemed date of service of the deemed assessment order shall fall on the 31st day of Octoberof the succeeding year:

Provided that in respect of the assessments pending for the years 2006-2007, 2007-2008, 2008-2009,2009-2010 and 2010-2011, the deemed date of service of the deemed assessment order shall fall on the30th day of June 2012.”.

 

SUNIL PALIWAL

SECRETARY TO GOVERNMENT/True Copy/SECTION OFFICER.

[MANDAVILLI RAMAKRISHNA]

No yearly assessements and no need to obtain yearly asst. orders. for vat but the tax authorities can audit a dealer either from the date of registration or as per their discretion and shall pass audit orders which will be final asst. orders, of course, these can be reopened / revised by deputy commissioner with in stipulated period.

 in CST yearly assts. are compulsory when you use c forms or other statutory forms and in case of no business, simply by giving letter, the officer can issue nil asst. order.

 hence keep filing your vat  and cst returns without interruption and get your cst asst completed yearly once or once for two years.

 

 

 

 

 

 

 

 

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.