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Issue ID: 5061
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Quarterly VAT Payment

Date 17 Dec 2012
Replies1 Reply
Views 1180 Views
Asked by
Quarterly VAT payment option questioned versus turnover tax applicability; clarification sought on payment frequency and classification.
Whether VAT may be remitted on a quarterly basis instead of the standard monthly schedule and whether the observed quarterly remittance reflects application of a turnover tax (TOT) in the relevant state, with the query left unresolved pending clarification. (AI Summary)

Dear Sir/s

I Am From Andhra Pradesh

VAT is Payable monthly basis,  but i saw quarterly payment of VAT in TMI Discussion Fourem , Can any one kindly advice me what is it ?.

As per my knowledge it is TOT , In Andhra Pardesh

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Replied on Mar 6, 2015
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Have you got clarified in the above issue? If not please inform.

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