VAT Return Filling

Value Added Tax (VAT) Registration or TIN Registration is a tax registration required for businesses trading or manufacturing goods and even agency in India. VAT is a multi-stage tax and based on “Value Added Concept”. VAT is collected and governed by the State Government, so each State Government in India has distinct rules applicable for their State based on the type of good manufactured or sold. VAT Registration is mandatory in most states for traders or manufacturers having a turnover of more than Rs.20 lakhs (Rs.10 lakhs earlier) either in current year or in previous year.

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Those entities have VAT or TIN Registration must then file VAT returns on time to avoid penalty. VAT is implemented by the State Governments. Hence, the VAT return due date and VAT payment due date differs from state to state. VAT returns are mostly due monthly, quarterly or annually.

What Rajput Jain & Associates offers?

Rajput Jain & Associates’ VAT expert team included Advocate and CA's. We are providing Vat filling Services in Delhi; Rajput Jain & Associates can help you file e file your VAT return online. We can work from starting to finish in the areas where we operate. We provide following VAT related services:

Additional Services

  • Get registration number under DVAT or Sales Tax
  • Daily maintenance of Books of Accounts as prescribe under the act
  • Filling of Quarterly Sales tax return or DVAT return.
  • Making computation of Tax or VAT monthly and avoid interest & penalty.
  • Rate of VAT under Delhi VAT act
  • Statutory Forms and how to obtain these statutory forms i.e. C/D/H/F/E-1/E-2
  • Taxability of sale of second hand Goods
  • Regular assessment.
  • Appeal, revision and rectification of order
  • Amendment in registration certificate
  • Refund of tax
  • Tax Planning in CST.

Use Reminded to know more about your due dates for VAT return filing due date and VAT payment due date.

“If your Organization has received any notice from VAT Department, does not worry, Please call us, we will help you. We are presently handling VAT work of many MNC's with demands of over Crores and our team has successfully managed to reduce the demand. We are very nominal in Pricing and will offer you best services as always.”

For any information / query regarding VAT return, Contact Us

VAT Return Filing Process

VAT Return

Rajput Jain & Associates can help your business file VAT return and deposit VAT payments on time.

Document Collection

RJA VAT Expert will collect the necessary information and documents for preparation of VAT return for your business

Return Preparation

Based on the documents and information presented, Rajput Jain & Associates’ VAT expert will prepare your VAT return and send for your approval.

Return Filing

Once the VAT return is verified and approved by you, our VAT expert will file your VAT return with the sales tax department in your state.

Happy Customers

200+

Projects Completed

550+

Serving Since

2009

Contracts Signed

700+

FREQUENTLY ASKED QUESTIONS (FAQ)

  • What is VAT?

    VAT is value added tax, a tax levied on the sale of goods in India. Since VAT is a state regulated tax, all the provisions regarding this tax is made in accordance with state. Each State in India has unique VAT Regulation and different tax rates are applicable for different types of products. Therefore the VAT Tax Rate and Exemptions will be unique to each State and type of goods sold.

  • Who has to pay Service Tax?

    Since service tax is an indirect tax, it is paid by the final consumer. A person, providing services, has to levy service tax on the amount of service charge. Also, small scale service providers who provide less than Rs.10 lakhs of taxable service a year is exempt from service tax.

  • Who has to pay VAT?

    VAT is ultimately borne by the end consumer. At each stage, the person purchasing the goods must pay VAT on its purchase price and collects VAT from his customer on sale price. Thus a dealer must pay tax on the value addition by him.

  • What is the VAT rate?

    The VAT rate will depend on the type of goods being sold and the State in which the goods is being sold. Thus it will be appropriate to refer the state specific provisions regarding application of VAT Rate on different commodities.

  • What is VAT registration?

    VAT Registration is a State level registration for paying VAT, which is mandatory for manufactures and traders having an annual turnover of more than Rs.20 lakhs in Delhi (previously Rs.10 lakhs). VAT Registration gives the manufacturer or trader a unique 11 digit number that would be required for subsequent VAT Compliance, VAT Filing and other matters incidental to VAT or Sales Tax or Central Sales Tax.

  • What is TIN?

    TIN stands for Tax-Payer Identification Number, which is provided by State Govt. to dealer asa symbol of registration. It is unique in all over India. All the proceedings related to sales tax either VAT or CST is identified with TIN.

  • What is CST Registration?

    Any dealer, who wants to transact at inter-state level, must obtain CST Registration for complying CST Act. CST is chargeable in the state from where the movement of goods is being started. For Registration in CST, some legal formalities is to be fulfilled in addition to VAT Registration. All the proceedings are to be done with TIN.

  • Who must obtain VAT registration?

    VAT Registration is mandatory for manufactures and traders having an annual turnover of more than Rs.20 lakhs in Delhi (previously Rs.10 lakhs).

  • What are the documents required for obtaining VAT Registration?

    To obtain VAT Registration, following information is required-

    • A copy of PAN Card,
    • Proof of address of business,
    • Constitution of the business [Partnership deed, Incorporation Certificate, etc.,] and
    • Proof of identity of the promoters is required.
    • In addition, security deposit or surety or reference maybe required to obtain VAT
    • Registration based on the State in which the business operates.

    (Please contact a Rajput Jain & Associates’ Representative to know the requirements for your State.)

  • How long does it take to obtain VAT registration?

    VAT Registration is issued by the State Government. Therefore, based on the State, the processing time for obtaining VAT Registration will differ. In general, VAT Registration can be obtained in 15 - 20 working days.

    Who shall be liable to obtain TIN (Tax Identification Number)

    Every person,

    • Having turnover more than Rs 20, 00,000/- during the year or previous year within Delhi
    • Want to Sale or Purchase Goods to/from outside Delhi i.e. in the other state but within India.
    • Casual Dealer (you make sales on an occasional basis e.g., during an exhibition or at the Trade Fair, you would need to apply for registration as a Casual Dealer.).
    • Sales under Hire-purchase agreement or lease of goods to someone else
    • Works contracts..
    • Importing goods in the course of business from outside the territory of India.
    • Every commission agent, broker, auctioneer or any other mercantile agent by whatever name called, who carries on the business of buying, selling, supplying or distributing goods on behalf of his non-resident principal..
    • Having Turnover below Rs 20 Lakh can also apply for registration and obtain TIN Number
    • Banquet Hall, Club, Restaurant’s.
    • Time limit for obtaining TIN: Within 30 day from date of liability to get registration arise i.e. Turnover exceeded Rs 20 Lakhs or wants to sale outside Delhi etc.
  • How to pay VAT Tax?

    VAT payments can be made at specified branches of designated banks. The list of designated banks can be obtained from the Central Excise or Sales Tax office.

  • What is the VAT rate?

    Delhi VAT Tax Rates

    In Delhi VAT Tax Rates are levied under seven categories. The Delhi VAT Tax Rate schedule determines which goods full under each of the seven category and the VAT tax rate associated with that category.

    • Schedule I – VAT Exempted – (Example: Books, Charcoal, Fresh Vegetables, Meat, etc.,)
    • Schedule II – 1% VAT Tax – (Example: Bullion, Gold, Silver, Precious Metals, Precious Stones, etc.,)
    • Schedule III – 5% VAT Tax – (Example: Communication equipment, bricks, utensils, coffee seeds, computers, etc.,)
    • Schedule IV – 20% VAT Tax – (Example: Liquor, Lottery Tickets, Aerated Drinks, etc.,)
    • General Category – 12.5% VAT Rate
  • When should VAT payments be deposited?

    VAT payments must be deposited by Proprietary Firms, LLPs and Partnership Firms quarterly. Other entities are required to make VAT payment monthly.

  • When should VAT Returns be filed?

    VAT returns are due on the 20th of every month. The previous months VAT information must be filed on the 20th of every month.

    VAT Registration Highlights

    Value Added Tax

    Value Added Tax (VAT) is a tax levied on the sales of goods in India. Manufactures and traders should obtain VAT Registration, if they have annual sales of more than Rs. 5 lakhs (Rs. 10 lakhs in some states).

    End Consumer bears VAT

    All purchasers of goods in India must pay VAT. However, at each stage, the person purchasing the goods is allowed to set-off the VAT paid against the VAT liability on subsequent sale. Thereby making the end consumer pay the VAT.

    VAT / TIN / CST are the Same

    VAT / TIN / CST utilize the same unique 11 digit number. Therefore, VAT / TIN / CST are the same and obtaining VAT Registration from the State authorities will suffice as the TIN or CST Registration also.

    State Level Tax

    VAT is determined and collected by the State Governments. Therefore, each State has a different VAT Regulation based on the type of goods sold. Therefore, it is best for businesses to be aware of the State's VAT Regulation applicable to them.

    VAT Due Dates

    VAT Payments must be deposited in designated banks quarterly in case of Proprietary Firms, LLPs or Partnership Firms and monthly in the case of other type of business entities like Companies. VAT Returns must be filed monthly on the 20th.

    NO VAT on Exports

    For goods exported from India, VAT is not applicable. Therefore, exporters of goods are not required to pay VAT. However, it is advisable for exporters to obtain VAT registration.

    ADVANTAGE OF VAT

    • A perfect system of VAT is a perfect chain where tax evasion is difficult.
    • VAT facilitates precise identification and rebate of the tax on purchases and thus ensures that there is no cascading effect of tax
    • Under a VAT system, the buyer knows, out of the total consideration paid for purchase of material, what is tax component. Thus, the system ensures transparency also.
    • VAT does not have any inflationary impact as it merely replaces the existing equal sales tax. It may also be pointed out that with the introduction of VAT; the tax impact on raw material is to be totally eliminated
  • What are the basic documents which should be readily available with a dealer & for which period ?

    There are some information in the form of Books of Accounts which must be kept under Rule 42 of DVAT Rules, 2005 viz. Sale/Purchase Invoices, DVAT 30 & 31, documents in support of movement of goods i.e. GR/RR, returns filed, copy of balance sheet, cash book, stock register etc. Though books of accounts for last four years should be kept at the business premises, however, during survey, the dealer should at least produce books of accounts for the last financial year and the current financial year.

  • Under what circumstances the business premises of a dealer can be sealed during Survey ?

    Some of the guiding principles of sealing are detailed below:

    • A perfect system of VAT is a perfect chain where tax evasion is difficult.
    • VAT facilitates precise identification and rebate of the tax on purchases and thus ensures that there is no cascading effect of tax
    • Under a VAT system, the buyer knows, out of the total consideration paid for purchase of material, what is tax component. Thus, the system ensures transparency also.
    • VAT does not have any inflationary impact as it merely replaces the existing equal sales tax. It may also be pointed out that with the introduction of VAT; the tax impact on raw material is to be totally eliminated
  • How to pay VAT Tax?

    VAT payments can be made at specified branches of designated banks. The list of designated banks can be obtained from the Central Excise or Sales Tax office.

  • When should VAT payments be deposited?

    VAT payments must be deposited by Proprietary Firms, LLPs and Partnership Firms quarterly. Other entities are required to make VAT payment monthly.

  • When should VAT Returns be filed?

    VAT returns are due on the 20th of every month. The previous months VAT information must be filed on the 20th of every month.

    What is the procedure for registration of VAT / CST? TIN

    STEPS BY STEP PROCEDURE FOR REGISTRATION UNDER THE DELHI VAT ACT-

    • First of all, the dealer has to go to the official website of Delhi VAT by using following domain, i.e.www.dvat.gov.in
    • Then click on the link of “New Registration” available on the left side of the page.
    • After that, the dealer have to submit some basic details for PAN verification from NSDL, such as, Name of the Firm/Company, Constitution, PAN, Aadhaar No. and Contact details online.
    • On successful PAN verification, the dealer will be provided Username and password through e-mail for further process.
    • The dealer would login and fills up registration forms, i.e., for Local “DVAT-04” & for Central “Form-A” in which dealer have to submit details as mentioned below: -
      • Address of principal place of business;
      • Any additional place of business;
      • Bank details;
      • Particulars of persons involved in the Firm/Company;
      • List of Goods to be dealt in along with goods required for packing; etc.
    • 6. And upload supporting documents such as ownership proof/rent agreement/NOC of landlord/electricity bill/telephone bill, address proof, identification proof, etc.
    • The size of respective documents should be less than 100 KB each in the format of pdf/jpeg.
    • If the size of documents gets greater than 100 KB, then the dealer can use various software’s, such as, Microsoft Office picture manager, Photoshop, CorelDraw, etc. to reduce the size to 100 KB or less.
    • Then go to the link of submission to submit the registration application with VAT department.
    • After submitting, the dealer will receive one e-mail consisting of temporary TIN and password which can be used for further transactions.
    • The Court fee of Rs. 1,025/- (w.e.f. 17.6.2014) for new registration will be submitted online.
    • After the whole procedure is approved by the VATI, the dealer can take out the print of online generated Registration Certificate and need not to go to Trade & Taxes Department.
    • Documents to be given to Vat Inspector at the time of his visit.
      • Copy of DVAT-04 Application,
      • Copy of Challan,
      • Photocopy of PAN card of Proprietor / Company / Firm / LLP (Originals to be shown),
      • Photocopy of PAN card of all Director's / Partner's (Applicable in case of Companies / LLP) (Originals to be shown).
      • Photocopy of Address Proof (Voter id or Passport or Driving License or Aadhar of Proprietor / Director's / Partner's) (Originals to be shown).
      • Cancelled Cheque.
      • Photocopy of Electricity Bill along with Rent Agreement / NOC (Originals to be shown).
      • Photographs of Proprietor / Director's / Partner's.

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Private Limited Companies are those types of companies where minimum number of members is two and maximum number is two hundred. A private limited company has the limited liability of members but at the same time it has many characteristics as those of a partnership firm. A private limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greater stability and legal entity. In this sense, a private limited company stands between partnership and widely owned public company. Identifying marks of a private limited company are name, number of members, shares, formation, management, directors and meetings, etc., The maximum number of directors shall have to be mentioned in the Articles of Association. In the grand of privileges and exemptions, the Companies Act has drawn a distinction between an independent private company and other private company which is a subsidiary to the other public company.

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  • Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.

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  • Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.

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