Effective Date for TNVAT Amendment 2015

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.

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