Value Added Tax (VAT)
Registration or TIN Registration is a tax registration necessary for companies
selling or producing products and also agencies in India. VAT is a multi-stage
tax focused on the "Value Added Theory." VAT is obtained and is
regulated by the Government of the State, meaning that each Government of the
State of India has different laws specific to the State on the basis of the
form of products produced or sold. For most nations, VAT registration is
compulsory for merchants or producers with a revenue of more than Rs.20 lakhs
(Rs.10 lakhs earlier) either in the present year or in the preceding year.
Those people who have VAT or TIN Registration must submit VAT returns on time in order to escape fines. VAT shall be carried out by the Governments of the Republic. As a result, the VAT refund due date and the VAT bill due date depends on the state. VAT returns are often expected on a weekly, quarterly or annual basis.
What NSMD & Co offers?
NSMD & Associates’ VAT expert team included Advocate and CA's. We are providing Vat filling Services in Delhi; NSMD & Co can help you file e file your VAT return online. We will work throughout beginning to end in the fields where we practice. We include the aforementioned VAT relevant facilities:
Extra Services
- Get identification number under DVAT or Sales Tax
- Regular management Records of records as specified under the
Act
- Filling Annual Sales Tax Report or DVAT Report
- Making computation of Tax or VAT monthly and avoid interest
& penalty.
- Rate of VAT under Delhi VAT act
- Statutory Forms and how to obtain these statutory forms i.e.
C/D/H/F/E-1/E-2
- Taxability of sale of second hand Goods
- Regular assessment.
- Appeal, revision and rectification of order
- Amendment in registration certificate
- Refund of tax
- Tax Planning in CST.