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 :-
[gview file=”http://bssridhar.com/blog/wp-content/uploads/2015/04/Recodification_Commcode.pdf”]
Source :- www.tnvat.gov.in
