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TAMILNADU - ‘Invoice details not needed for VAT return'

There is no need for dealers to give purchase and sales invoice details in the VAT returns to be filed this month, Tamil Nadu Chamber of Commerce and Industry has said.

 

In a press statement here, the chamber president, Mr N. Jegatheesan, said that the chamber had successfully represented to the higher officials in the Commercial Tax Department about the practical difficulties encountered by dealers in providing details of purchase and sales invoices in the monthly return and the authorities have informed that the return can be filled without giving such details.

He further said that dealers can file a revised return rectifying the omission or error within a period of six months from the last day of the relevant period to which the return related.

According to the revised return, if the tax payable by the dealer increased, he would have to furnish along with the revised return, the proof for payment of tax and interest due thereon.

Source : The Hindu BusinessLine, India, dated 19/05/2010

 

   

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