Chhattisgarh Government extends the time limit for FORM-18 FY 2015-16 and 2017-18

Dec 12, 2018 | by Avantis RegTech Legal Research Team


The State Government of Chhattisgarh on December 10, 2018 has extended the time limit for filing FORM-18 under Chhattisgarh Value Added Tax Rules, 2006 for the financial year 2015-16 and 2016-17 subject to certain restrictions and conditions.

The Schedule related to exemption to certain class of dealers is as under:

S. No.

Class of Dealers

Year

Section/Rule from which exemption granted

Restrictions and conditions

1.

Registered Dealers, whose annual turnover is less than Rs. 1 crore, who deals in goods specified in S. No. 5 of Part-III of Schedule-II of the Chhattisgarh Value Added Tax Act, 2005.

Financial Year 2015-16 and 2016-17

Clauses (i), (ii), and (iii) of sub-section (2) of section 21 and Rule (20)(2)(a).

When the dealer specified in Column (2) after payment of due tax amount with interest if any files a statement online in Form-18 prescribed as per the provisions od clause (b) of sub-section (1) of section 19 of the Chhattisgarh Value Added Tax Act, 2005 for financial year 2015-16 upto March 31, 2019 and for financial year 2016-17 upto June 30, 2019.

2.

Registered dealer under the Chhattisgarh Value Added Tax Act, 2005 whose annual turnover is less than Rs. 10 crore, except dealer who deals in Goods specified in S. No. 5 of part-III of Schedule-II of the  Chhattisgarh Value Added Tax Act, 2005

Financial Year 2015-16 and 2016-17

Clauses (C) of sub-section (1) of section 19, Clauses (i), (ii), and (iii) of sub-section (2) of section 21 and sub-scetion (2) of section 41 and Rule (20)(2)(a).

When the dealer specified in Column (2) after payment of due tax amount with interest if any files a statement online in Form-18 prescribed as per the provisions od clause (b) of sub-section (1) of section 19 of the Chhattisgarh Value Added Tax Act, 2005 for financial year 2015-16 upto March 31, 2019 and for financial year 2016-17 upto June 30, 2019 and shall furnish a copy of audit report, as required under section 44AB of the Income Tax Act, 1961 before the Commercial tax Officer.

3.

Registered dealer under the Chhattisgarh Value Added Tax Act, 2005 whose annual turnover is Rs. 10 crore or more, except dealer who deals in Goods specified in S. No. 5 of part-III of Schedule-II of the  Chhattisgarh Value Added Tax Act, 2005

Financial Year 2015-16 and 2016-17

Clauses (i), (ii), and (iii) of sub-section (2) of section 21 and Rule (20)(2)(a).

When the dealer specified in Column (2) after payment of due tax amount with interest if any files a statement online in Form-18 prescribed as per the provisions of clause (b) of sub-section (1) of section 19 of the Chhattisgarh Value Added Tax Act, 2005 for financial year 2015-16 upto March 31, 2019 and for financial year 2016-17 upto June 30, 2019 and shall furnish a of audit report as required under section 44AB of the Income Tax Act, 1961 and audit report in Form-50 as specified in sub-rule (1) of rule 53 of Chhattisgarh Value Added Tax Act, 2006 before the Commercial tax Officer.

 

[Notification No. F-10-63/2018/CT/V(103)]

URL:  https://www.comtax.cg.nic.in/pages/2018/VAT/form1820151617.pdf


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