Citing the occurrence of multiple festivals, and the recent strike called by state employees as plausible reasons, the UPVAT department has extended the due date for filing of VAT annual return, namely Form 26, Form 26A, Form 26B upto the 31-12-2013.

The relevant Circular is reproduced here for ready reference:

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The Honorable Governor of  UP vide notification no- 1542 has included another entry namely, “all kinds of sanitary napkin, baby diaper and adult diaper” in Part A of Schedule II thereby taxing these goods at 4% .

It would be pertinent to mention here that, by an earlier notification bearing no-1541, sale of sanitary napkins  of “Free Days” brand under the National Rural Health Mission was exempted form the levy of VAT.

The relevant notification is reproduced here for ready reference:

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The Honorable Governor of UP vide notification 1541, has directed that no tax shall be levied and paid on the turnover of  sale of Sanitary Napkins of “Free Days” brand name under the National Rural Health Mission; for the liability of VAT for the period of 1 year from the date of publication of this notification in the Gazette.

The relevant notification has been reproduced here for ready reference:

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Taking another step towards widening its ambit on its assessees, Central Board of Excise & Customs has reduced the threshold limit for mandatory e payment of Service Tax &  Central Excise Duty from Rs 10 Lakh to Rs 1 Lakh.

Under the extant rules an assessee who has paid a total service tax/excise duty of rupees ten lakh or more including the amount paid by utilization of CENVAT credit, in the preceding financial year, is required to deposit the service tax/excise duty liable to be paid by him electronically, through internet banking.

This threshold of Rs 1o lakh has been reduced to Rs 1 lakh.

Hence, now as evinced by the relevant notifications, the  modified rules stand substituted as under:

 “an assessee who has paid a total service tax/excise duty of rupees one lakh or more including the amount paid by utilization of CENVAT credit, in the preceding financial year, is required to deposit the service tax/excise duty liable to be paid by him electronically, through internet banking.

The relevant notifications are reproduced here for ready reference:

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05-11-2013–(if payment done online then 06-11-2013)Service Tax/Excise- Monthly Payment.

07-11-2013- TDS / TCS monthly payment.

10-11-2013- Excise Monthly Return.

15-11-2013- PF Monthly Payment.

20-11-2013- VAT/CST  Monthly Payment and Monthly Return.

21-11-2013- ESI Monthly Payment.

30-11-2013 – Income Tax Returns for Transfer Pricing Companies.

EXTENDED TO 30-11-2013- UP VAT Annual Return –Form 26.

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