Monday 26 May 2014

Details to be submitted electronically as per KVAT Notification






As per the notification no: CCW/CR 44/2013-14 dated 29-4-2014, 

Every dealer whose total turnover is Rs.50 lakhs and above during the tax period of the year ending 31st March 2014 or whose cumulative total turnover is RS.50 lakhs and above in the tax period of any subsequent year shall furnish electronically through internet the following details on or before 20th day of subsequent month , 

  • Purchase/sale of goods made within the state 
  • Purchase/sale made in the course of interstate trade or commerce 
  • Purchase/sale made in the course of import/export 
  • Debit or Credit note issued or received 
  • Receipt/transfer of goods in other wise than by purchase from a registered dealer outside the state. 

Every such dealer shall furnish the details as mentioned above with Local VAT Officer(LVO) or VAT Sub Officer(VSO) and follow the procedure and instructions as specified in the website i.e., http://vat.kar.nic.in/ to enter the details. 

For further details on this notification : http://ctax.kar.nic.in


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