A VAT/CST return is a form you file with DVAT, usually four times a year, to show how much VAT you are due to pay them. If you're not registered for VAT, you won't file VAT returns. The VAT return shows the calculation of the amount of VAT due on sales minus the amount of VAT reclaimable on purchases
A trader needs to file the VAT/CST return in all cases if he has registered with DVAT Department, Even if he has not charged any VAT in the previous quarter, he has to file a NIL return to the DVAT deapartment.
Due dates of VAT/CST Return filing is mentioned below:
|Period||VAT/CST Return Due Date|
|April 15- June 15||28th July 2015|
|July 15 -Sept 15||28th Oct 2015|
|Oct 15 -Dec 15||28th Jan 2016|
|Jan 16 -March 16||28th April2016|
Late filing VAT/CST return will attract penalty of Rs. 200/day maximum of Rs. 50,000/- (default in furnishing of both returns can attract maximum penalty of Rs. 1 lakhs).
Every registered dealer has to pay the VAT/CST collected in the previous month within 21 days of the following month.
Late deposit of VAT/CST will attract an interest @15% annualy.
You need to send us the above mentioned documents.
We will prepare your VAT/CST Return and send it to you for the approval.
After your approval your VAT/CST Return will be filed.