Jul 012015

The following are the Various Statutory Obligations for the month of July 2015.

Payment of Service Tax

The last date for Payment of Service tax pertaining to the month of June  2015 (Corporate Assessees) , Apr-June 2015 (For other assessees) is 5th of July 2015. In case of e-payment, the due date is 6th of July 2015.

In case of payment by Challan GAR 7, click here to download the Challan

In case of e-payment of Service Tax, Click here to make the payment online.

Remittance of Tax Deduction at source

The due date for remitting Tax Deducted at Source (TDS) on Salary & Non-salary payments during the month of June 2015 is 7th of July 2015.

Click here to pay the TDS online.

Quarterly return in respect of Tax Deducted at Source for the Quarter 1 (2015-16)

The Quarterly Return in respect of Tax Deducted at Source in respect of Salaries / Non-Salary Payments has to be filed on or before 15th of July 2015.

Monthly Return and Payment of Tax under TNVAT

The monthly returns filing and the payment of TNVAT has to be complied on or before 20th of July for the month of June 2015.

Click here to send your enquiries/suggestions , if any.

Apr 142015

The TNVAT Department vide its Proceedings No.  Acts Cell-5/20414/2014 dtd 12th March 2015 has notified new commodity codes in respect of Commodities chargeable to TNVAT. The existing Commodity codes have been recodified for betting accounting and accuracy in data. This is a step towards the Total Solution Project (TSP) of the TNVAT Department.

These new commodity codes will be effective from 1st April 2015.  Accordingly, these new commodity codes are required to be adopted in the monthly returns from April 2015 onwards. (ie., April 2015 monthly returns onwards, the new codes are required to be used while uploading the returns)

The relevant order along with the Schedule with new codes are provided below :-

Download (PDF, 716KB)

Source :- www.tnvat.gov.in




Apr 012015

Recently, the Tamilnadu Government, in its Budget presentation had proposed certain changes in the TNVAT Act which includes changes in rate of tax and provisions with regard to withdrawl of ITC reversal in respect of Inter-state Sales.

These changes have come into effect from 1st April 2015. The relevant Gazette notification dtd 31st March 2015 is provided below. For the list of amendments, click here to view our earlier post containing the amendments.

Download (PDF, 15KB)

Download (PDF, 786KB)

Mar 252015

The State Budget for the year 2015-16 was presented in the Legislative Assembly today. There were certain proposals proposed in the budget presented. The following are the proposed Changes in TNVAT :-

1) Electricity Tax on generating plants using Biomass (excluding bagassee) will be withdrawn to give a boost to green energy producers.

2) Input Tax Credit reversal imposed at the rate of 3 per cent on the inter-state sale of goods as per proviso to section 19(2) (v) of Tamil Nadu Value Added Tax Act 2006, which was introduced with effect from 11.11.2013 will be withdrawn henceforth to make the manufacturing industries in Tamil Nadu more competitive with their counterparts in the neighbouring States.

3) Clause (c) under Section 19(5) of TNVAT Act, 2006 will henceforth be withdrawn to enable the dealers to claim Input Tax Credit on the inter-State sale of goods without ‘C’ form. This measure will eliminate additional burden on the dealers effecting inter-State sale of goods without ‘C’ form.

4) Fishing accessories like fishing ropes, fishing floats, fishnet twine, fishing lamps and fishing swivels will be exempted from the present levy of VAT.

5) Mosquito nets of all kinds will be exempted from the present levy of VAT at 5%.

6) Works contract relating to sizing of yarn will be exempted from the present levy of VAT.

7) VAT on cardamom will be reduced from the present levy of 5% to 2%.

8) VAT on LED lamps of all kinds will be reduced from the present levy of 14.5% to 5% to encourage the use of energy saving devices.

9) VAT on air compressors, pump sets up to 10 hp and their parts thereof will be reduced from the present levy of 14.5% to 5% to encourage MSME Sector and to benefit the agriculturists in the State.

10) VAT on cellular telephones (mobile phones) will be reduced from the present levy of 14.5% to 5%.

The above changes will be effective from the date when these are published in the Gazette.



Dec 162014

Recently, TNVAT Department has made the e-payment of monthly taxes, mandatory in respect of assessees whose turnover during the previous year is more than 1 Crore. As a prelude to the complete computerization and online management system in TNVAT, many assessment circles have issued notices to all assessees irrespective of their turnover to make only e-payment.

How to make e-payment of TNVAT monthly tax payments ?

First the assessee has to log-in to the e-filing website.

After log in, at the bottom of the screen, there will be a link for Activation of epayment. Click that link and activate the e payment option. This is a one time process.

After completion of the above, the e-payment is to be made as per the procedure given below :-

Download (PDF, 2.97MB)

Click here to send your enquiries/suggestions.

Aug 132014


For the purposes of Works Contract TDS, a person who is liable INCLUDES :-

(i)                 Central/State Government,

(ii)               A local authority,

(iii)             A corporation or body established by or under a Central or State act

(iv)             A company incorporated under Companies Act,1956 including Central or state Government undertaking;

(v)               A society

(vi)             An educational institution ; or

(vii)           A Trust



Every person , as above, who are paying ay sum to any dealer for execution of works contract shall, AT THE TIME OF PAYMENT of such sum, deduct TDS at the rates as mentioned below :-


Type of Contract % of WCT-TDS
Civil Works Contract 2% of the total amount payable to such dealer
Civil Maintenance Works Contract 2% of the total amount payable to such dealer
All other works contracts 5% of the total amount payable to such dealer



No deduction of tax shall be made in the following circumstances :-

(i)                 no transfer of property in goods is involved in the execution of such works contract , or

(ii)               transfer of property in goods is involved in the execution of works contract in the course of inter-state trade or commerce or in the course of import ; or

(iii)             the dealer produces a Certificate in Form “S” from the assessing authority that he has no liability to pay or has paid the tax.

(iv)             When the total payment does not exceed Rs. 1 Lakh per annum.



The person making payment of WCT TDS shall deposit the sum so deducted to the assessing authority having jurisdiction over the person or to any other authority authorized (In Chennai :- TDS Circle, Greams Road) on or before 20th day of the succeeding month in which the deduction was made.




Sl No Nature of Form Form No
1 Statement of Tax Deduction (to be filed by the person deducting tax) Form R
2 Certificate (to be obtained by the dealer) for no deduction of WCT TDS Form S
3 Certificate of TDS (to be provided by the person deducting tax) Form T


 Any person who makes TDS and Depositing the same , shall within 15 days of such deposit, issue the dealer, a Certificate in Form T, for each deduction separately.


In case the amount of paid late, the person who is responsible for deduction of tax shall pay, in addition to the sum deducted, Interest @ 2% per month on TDS or the entire period of default.

Click here to send your enquiries/suggestions.

Jun 092014

The Tamilnadu Government has issued a Notification GO (Ms) No 41 dtd 02/06/2014 amending the Annexure III to Form I monthly return.

In the amended Annexure III , a specific line item for “ITC Reversal for CST Sales against C Form” has been added and the same is w.e.f 02/06/2014.

In view of the above, details of ITC Reversal on account of CST Sales Against C Form shall be given seperately from May 2014 monthly return onwards.

The relevant notification is reproduced below :-

Download (PDF, 1.09MB)

Mar 282014

The Government of Tamilnadu has issued a new notification dtd 25th March 2014.

As per this new notification, every registered dealer , who is liable to pay tax under TNVAT Act & whose turnover exceeds Rs. 2 Crores during the previous year, shall pay the tax due only by means of electronic payment only through the website of the TNVAT Department. This is effective from 1st April 2014.

Download (PDF, 680KB)

Feb 032014

The Tamilnadu Commercial Tax Department has issued a new Circular No 2/2014 prescribing the revised guideline and procedures to be adopted for Registration and Issue of Registration Certificate to dealers.

The salient features of this circular are as follows :-

1) Previously, application for new registration of a business in respect of six evasion prone commodities (viz., Electrical goods, Iron & Steel, Tiles & Marbles, Timber, Edible oil and Granite) were subject to enforcement Scrutiny and after completion of this scrutiny only registration formalities was completed by the respective jurisdictional officers. Now the pre-inspection of places of business in respect of all commodities have been made mandatory.

2) New Applicants shall be given acknowledgement slip on receipt of the application.

3) The documents shall be completely scrutinized for correctness and a date for the pre-inspection (within a week) shall be fixed.

4) The officer , at the time of pre-inspection , shall check the genuineness of the ownership of the building, suitability of the building for storing the goods, and also shall ensure the validity of various address & identity proofs provided by the applicant.

5) With regard to Security deposit, the existing procedure as per Rule 5 shall be followed.

The relevant circular is reproduced below :-

Download (PDF, 154KB)

Dec 042013

The Government of Tamilnadu had amended the Form I by introducing Annexure – V in respect of ITC Claimed and carried forward. In view of the various representations received from various trade & industries, the Commissioner of Commercial Taxes has issued certain clarifications with regard to filing of Form I along with Form I.

The clarifications provided by the Circular No 12/2013 dtd 3/12/2013 are as follows :-

1) Annexure-V needs to be filed only in cases where Input Tax Credit (ITC) is carried forwarded.

2) Since the amendment is effective from 1st November 2013, Annexure V shall be filed only in respect of monthly returns for November 2013.  The return in respect of October 2013 need not be filed along with Annexure V

3) Where in some business concerns, many number of goods are being traded, it is not necessary to provide details of all the goods. Those goods shall be grouped code wise and the relevant particulars shall be provided.  Hence there will be only one value for one rate of tax.

4) Quantitative details of the stock need not be provided

5) In certain specific circumstances, ITC would be carried forward without proportionate stock of goods.In such cases, NIL Stock filed by the dealer should be accepted.

The relevant circular is reproduced below :-

Download (PDF, 1.7MB)

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