What is VAT E-filing?

Value-added tax is a kind of tax levied on goods and services added at each stage of production or distribution cycle. Firstly, the value-added amount is identified, and then tax is levied accordingly on all the interstate purchases and sales.

How do I check my VAT online?

Checking VAT Registration Status

You simply need to log on to the VAT registration website.
Punch in your credentials or VAT number.
The VAT status and dealer status will hence will be given to you.

How do I download my VAT return?

Instruction for e-Filing of VAT Return:

Enter User id and Password.
Change Password if Login for the first time.
Download any of Form 14, 14D, 15,15R and Save as per requirement.
Logout.
Unzip downloaded file to get:
Return data can be entered using the JAR version of Form listed at the first row.

How do I pay E Verify PT?

Steps to e-Verify Professional Tax Payment

CTD reference Number from Karnataka Professional Tax Challan retrieved after payment.
Registration Certificate Number of Professional Tax (generally 9 digit numeric)
Date of Payment of Professional Tax to be retrieved from Challan.
Amount of Professional Tax paid.

How do I do VAT return on eFiling?

VAT vendors can also request and obtain a VAT Notice of Registration on eFiling:

Logon to your eFiling profile.
Go to the Organizations main menu.
Click SARS Registered details on the side menu.
Select Notice of Registration.
Select VAT. To access this page in different languages click on the links below: Table of Contents.

Who are required to file VAT returns?

Entities Required to File VAT Returns VAT-registered individuals or businesses engaged in selling, exchanging, leasing of goods or properties, and rendering services, if the actual gross sales or receipts accumulate up to Php 3,000,000.00; Taxpayers required to sign up as a VAT taxpayer but failed to register; and.

Can I still submit VAT return online?

Once you have your Government Gateway user ID and your VAT number, you can begin the process of filing your VAT Return online.08-Mar-2022

What is my VAT ID number?

What is a VAT identification number? Sometimes also known as a VAT registration number, this is the unique number that identifies a taxable person (business) or non-taxable legal entity that is registered for VAT.

Is VAT ID the same as VAT number?

A VAT identification number is crucial for all important administrative procedures of EU authorities. This means that VAT numbers are similar to normal tax IDs, which most citizens are familiar with from their personal tax returns. However, the VAT number and tax number are by no means identical.18-Sept-2019

Which form is used for VAT return?

VAT return consists of: KIF – which is the book of output invoices and serves as a basis for recording all output invoices that have been originated during the tax period (month) for which the VAT return is prepared; P PDV form which is used for reporting VAT liability or VAT prepayment.

How do I create a VAT return in Excel?

Under the client's name, select the project that has been set up for this VAT Return. Select the File upload tab. Select the How to prepare your spreadsheet for upload link. Select the Excel icon to download the VAT Spreadsheet Template and save it.

Which form is apply for VAT?

1. Submit an application for VAT in Form 1 along with the following documents to the local VAT office: Central Sales Tax registration certificate(Form A) Professional tax registration certificate(Form 2)15-May-2013

How do I file a PT nil return?

How do I fill up a nil return online?

Enter your income details and deductions. Income tax is computed and you will be shown that you have no tax due.
Submit your return to the Income Tax Department. And send your ITR-V to CPC Bangalore to complete the e-filing process.

What is EC number in professional tax?

EC number is a 9 digit alphanumeric number allotted to an individual when he/she gets enrolled for the first time. You also get the option to revise the professional tax payment returns filed in earlier years.03-Sept-2021

What is Form 4A professional tax?

For the persons who are already enrolled and making payment as per the enrolment certificate by filing a return in Form 4A, an acknowledgement will be generated for having paid the tax. If tax is paid through e-payment then the there is no necessity for the person visit the PT office.

Can I submit my own VAT return?

There are a number of ways in which you can submit your VAT return, including: submitting your own VAT return online, using VAT return software or using accountants or tax agents.

How long do you have to submit a VAT return?

VAT Return deadline There are 12 months in your VAT accounting period. Your VAT Return is due once a year, 2 months after the end of your accounting period. Most businesses now need to keep digital VAT records and use software to submit VAT Returns.

How do companies file VAT returns?

Broadly, filing VAT return is a 4-step process. First, you need to download the latest VAT return Excel format, next you need to complete the excel format by mentioning details in relevant sheets, then generate the zip file and finally, upload the zip file into the iTAX portal.30-Dec-2021

How is VAT calculated monthly?

VAT Payable: VAT Payable = Output VAT – Input VAT = INR ( 25 – 12.50) = INR 12.50 VAT is therefore calculated by deducting tax credit from tax collected during the payment period.07-Jun-2013

Is VAT filed monthly or quarterly?

Value added tax returns in the Philippines is filed monthly and quarterly. Monthly VAT returns uses BIR Form No. 2550M that is due for filing not later that the 20th day of the month following the applicable month.

Who is VAT exempt?

Exempt - where no VAT is charged on the supply. This means that goods and services that are exempt from VAT are not taxable. Examples of exempt items include the provision of insurance, postage stamps and health services provided by doctors.17-Jun-2021

What is VAT E-filing?