Saturday, August 29, 2009

Punjab VAT E-filing made compulsory

The Punjab Excise & Taxation Department has made E-filing of Quarterly VAT Returns compulsory for certain category of Tax Payers. The following are compulsorily required to file their return(s) electronically for the Quarter ending 30th June 2009, onwards:
1. Persons registered under Punjab VAT Act, 2005 making exports out of the country,
2. Persons claiming refund under the Act,
3. Persons whose turnover during the previous year was Rs. Five crore or above.
No manual returns will be accepted for aforesaid categories of persons. Other persons registered for VAT have the option to file their returns electronically. For further details visit Department’s website www.pextax.com

No comments: