The unregistered individuals shall only be entitled to have Advance Tax reimbursed. Reimbursement will be available on application before the Commissioner online. Application has to be made before the Commissioner in Form VAT- 9.3 before a minimum of 7 (Seven) days of expiry of the concerned Tax Period. The Commissioner, within 7 (Seven) days of receipt of the application, after due consideration, shall approve the application. The Enlisted Person shall maintain accounts of all purchases and sales concerned with his supply, in Form VAT-6.1 and Form VAT-6.2. He will issue, in Form VAT-6.9, Turnover Tax Invoice, against each supply.
- The Inquiry Officer shall intimate the accused individual about the allegation, in Form VAT– 16.1 and request him to submit stated deposition before him within 15 days.
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- The forfeited records or documents can be returned after fulfilling the purpose of forfeiting.
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What will be the effect of VAT if salary of the staff is paid by produced…
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In such a case refund has to be made within 3 months of application. As VAT is considered to be a consumer tax, the consumer shall pay the whole amount of VAT as applicable on goods or service. As an intermediary procedure, the producer, the supplier, all, at every levels of sale, shall realize VAT on behalf of the Government and deposit to the Government treasury. If problems persist, our support team is available 24/7 to help resolve your account access issues.
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5 How the amount of reward to informants has been provisioned, if the goods are provided…
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