TNVAT – tnvat.gov.in – Tamil Nadu VAT (E-Filing, Tax Rate, Refunds, Forms, E-Payment)
Tmail Nadu TNVAT information about E-Filing, Tax Rate, Refunds, and Forms, E-Payment
TNVAT pertains to VAT act in the state of Tamil Nadu. The Tamil Nadu VAT (Value Added Tax) Act came into effect from 1st January 2007. VAT is a multi-stage tax on goods that is levied across various stages of production and supply with credit given for tax paid at each stage of Value addition.
The TN government recognizes VAT as the most progressive way of taxing consumption rather than business. To help businesse with the Value Added Tax, a website is created tnvat.gov.in (link). The website contains details about e-filing and e-payment.
Also visit the website for gaining information about dealer registration, tax rate, refunds, and to download tax forms for TNVAT.
Rate of tax for old Air Conditioner is 14.5% under TNVAT
Thanks a lot Suruthi for your valuable information.
Regards,
Nagarajan V
I want to know the procedure to add a branch in TNVAT. I have obtained TIN in the year 2007. Now I have opened a Branch. How to add the Branch in the TIN Certificate. Shall I surrender the old certificate and get the new one? Please Clarify.
Regards,
S. Selvakumar
Certificate of Registration under Tamil Nadu Value Added Tax Act 2006 in Form D is called TIN Certificate. Certificate of Registration under the Tamil Nadu Value Added Tax Act, 2006 contains the Taxpayer Identification Number, address of the principal place of business and additional places of business and date of effect of registration certificate. Additional place of business means branches, godowns and factories etc. As and when branches, godowns or factories are opened, (subsequently after getting TIN) the additional places of business may be added in the old TIN itself by producing relevant documents required and payment of branch, godown or factory registration Fee of Rs.100.00 each. For each and every additional place of business a copy of TIN noting the branch, godown or Factory will be issued after noting the additional places of business in the original old TIN Certificate i.e., Certificate containing address of the principal place of business. The old certificate has to be produced to the registering authority to make entries regarding the branches, godowns and factories etc., and the same will be returned after making entries. There is no need to surrender the old certificate.
Reply From:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, Palaami Enclave, New Natham Road,
Madurai-625014.
Cell: 9994990599
CAN I PUT THE CST tax figures in form1 for annexure1a
Form I relates to TNVAT Act 2006 and Form 1 relates to CST 1956.
Annexure I, Annexure IA, Annexure II, Annexure III and Annexure IV are enclosures to TNVAT Form I only.
VAT disclosed in Annexure I were collected by the dealers having Tamil Nadu Registration (TIN) and paid to the Tamil Nadu State Government. As the VAT charged in the purchase bills were paid to the State Government set off is admissible towards Output VAT payable.
If a dealer in Tamil Nadu effects inter-State sales, the Central Sales Tax collected by the dealer will be paid to the Tamil Nadu State Government and hence Input Tax Credit available on local purchases were eligible for set off towards Central Sales Tax due.
Central Sales Tax i.e. CST disclosed in Annexure IA were collected by other State Governments and the revenue does not relate to Tamil Nadu Government and hence not eligible for set off and hence the Central Sales Tax collected by the other state dealers need not be shown in Form I.
The CST Tax in Annexure IA is not eligible for VAT adjustment and hence the same need not be taken in Form I
Reply From:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, Palaami Enclave, New Natham Road,
Madurai-625014.
Cell: 9994990599