Is VAT still applicable in Rajasthan?

Is VAT still applicable in Rajasthan?

Rajasthan VAT. The Rajasthan Value Added Tax (VAT) functions according to the provisions of the Rajasthan Value Added Tax Act. This provision however has been discontinued with the implementation of the uniform tax regime (Goods and Services Tax) in the country.

What is VAT 72 in Rajasthan?

Purchasing dealer shall duly sign the Form VAT-72 and will give it to the selling dealer. Selling/Purchasing dealer may claim exemption from payment of tax by submitting Form VAT-72 to his assessing authority.

When VAT introduced in Rajasthan?

to consolidate and amend the law relating to the levy of tax on sale or purchase of goods and to introduce value added system of taxation in the State of Rajasthan. Value Added Tax Act, 2003.

Why is petrol expensive in Rajasthan?

Petrol and diesel attract 36% and 26% VAT in Rajasthan, which is the highest in the country. The main reason why the people in the state are paying the highest auto fuel rates. Bagai said that besides common folk, the industries are also worst hit by the high auto fuel rates.

How can I check my C form online in Rajasthan?

rajtax.gov.in Verify TCC & Validate CST Form : Rajasthan

  1. Organisation : Commercial Taxes Department.
  2. Facility : Verify TCC & Validate CST Form.
  3. Applicable For : Rajasthan.
  4. Website : http://rajtax.gov.in/vatweb/rightMenu.do.
  5. Validate Here : http://rajtax.gov.in/vatweb/requestforcform.do? dispatch=viewValidateCForm.

Is VAT applicable now?

VAT was introduced to make India a single integrated market. However, it was introduced at state-level. On 2nd June 2014, VAT was implemented in all states and union territories of India, except Andaman and Nicobar Islands and Lakshadweep Islands.

Which country pays highest tax on petrol?

India has the highest taxes on fuel in the world.

What is the tax on 1 litre petrol in Rajasthan?

JAIPUR: Rajasthan is perhaps the only state in the country which earns more tax revenue from petrol per litre than the Centre. As per calculations, the state gets Rs 30.69 as taxes on petrol compared to Centre’s Rs 27.98.

What is the VAT rate in Rajasthan?

Effectively, VAT on petrol will decline by 4.96% to 31.04% from 36% and on diesel the state tax will drop by 6.7% to 19.30% from 26%. For consumers, petrol prices will come down from Rs 111.10 a litre to 107.10 and diesel price will fall to Rs 90.71 from Rs 95.71 a litre as per Tuesday’s prices.

When is the due date of Rajasthan VAT return for 2016-17?

30th May 2018 Due date of Annual Return for FY 2016-17 The due date of Annual Return (VAT 10A) is 31st December 2017 and extended due date for Composition scheme ( VAT 11) for F/Y 2016-17 is 30/09/2017 Start e-filing of Rajasthan VAT Return using Gen RVAT Software

What is the due date for Q1 2017-18 VAT return?

The last date for filing the Q1 return of FY 2017-18 is 31/03/2018. Reply SAHI RAM BISHNOIsays: June 14, 2018 at 11:51 pm PLEASE TELL ME VAT QUARTERLY RETURN QTR1 LAST DATE WITHOUT LATE FEES Reply SAG Infotechsays: June 15, 2018 at 6:53 pm The due date for Vat return of Q1 of FY 2017-18 was 28/02/2018. Reply sharwan singhsays:

What is the time limit for submitting a revised VAT return?

Where a dealer discovers any omission or error in Form VAT-10 or Form VAT-10A or Form VAT-11 furnished by him, he may furnish revised return within 15 days from the last date of submission of annual return except after issuing of any notice u/s 25 or 27, as the case may be.

What is the due date for VAT 10A and VAT 11?

The due date of Annual Return (VAT 10A) is 31st December 2017 and extended due date for Composition scheme ( VAT 11) for F/Y 2016-17 is 30/09/2017.