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FAQs

FAQs

Frequently Asked Questions

Frequently asked Questions from various clients

The person who appears in Active Taxpayers List is called Filer.
The documents required for sales tax registration are as follows: ...
NTN is the National Tax Number issued Once to A person.
The Retailer who would be categorized in any of the following condition would be known as Tier-1 Retailer in terms of Section 2(43A) of the Sales Tax Act, 1990: ...
Yes, a tax return must be filed for each reporting period even though no taxable activity is performed in that tax period is due. The registered person would be required to file “Nil” return for such tax period.
Every person registered for Sales Tax must follow these rules and obligations imposed by Tax Authorities and make compliances accordingly: ...
Sales tax returns are normally required to be submitted on a monthly basis, and there are mainly three dates that need to be kept in consideration while filing sales tax returns: ...
Sales tax registration is compulsory for the underneath persons engaged in making taxable supplies: ...
Every Financial Year Starts From ¹st July To ³⁰ June.
A registered person is required to issue tax invoice at the time of selling goods and rendering of services. The Invoices should include the following particulars: ...
By Filing Tax Return and Paying ATL surcharge you will be imediatly Filer.ATL surcharge for Individual is 1000.For AOP is 10000 For Company is 20000
Such a registered person would be liable to pay a penalty of ten thousand or five percent of the amount of tax involved (whichever is higher). If the amount of tax is paid within ten days from the due date, the registered person would be liable to pay a penalty of five hundred rupees for each day of default.
In case of sales return, the registered person is liable to issue a credit note and declare the same in the relevant annexure of the respective sales tax return portal.
The person who is unable to to complete compliance Of Income Tax Return is Known as Non Filer
Where a business fails to furnish a return within the due date then such would be required to pay the penalty as determined by the law and the further non-compliance could result in the suspension and blacklisting of the business.
Typically, following documents are required for the filing of sales tax return: ...
The registered person would be liable to pay a penalty of ten thousand rupees. However, the penalty of two hundred rupees would be paid if the person has filed the return within ten days of the due date.

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