USER FRIENDLY FACILITIES INTRODUCED WITH VAT 15

[UNDER  the Punjab Value Added Tax Act, 2005)

User friendly facilities introduced with VAT-15 for Quarter 1 of F.Y. 2013-14

Govt. of Punjab

Excise and Taxation Department

Public Notice

Dated : 6^th July 2013

Atten  :  All VAT Dealers, Advocates, Chartered Accountants and Cost Accountants

In continuation with the Department’s Endeavour of making e-Filing easier for dealers, the Department has introduced additional user-friendly facilities in VAT 15 for quarter 1 of this financial year.

2.            Additional facilities introduced for the benefit of dealers:

2.1          Additional mode of communication/intimation: Department has introduced a facility for the dealers to register their email ids and mobile numbers. Department would email copy of communications/intimations on such registered email id(s) and send SMS on the registered mobile number(s). This would be in addition to the existing mode(s) of communication. Through this facility, dealers would be able to timely check department’s communications/intimation thereby reducing the chances of delayed or misplaced intimations.

2.2          TIN validation utility : Using this utility, with single click dealers would now be able to validate all the TINs entered by him/her in VAT 23 & 24. This would reduce the chances of scrutiny mismatches due to data entry errors in VAT 23/24. This utility will show following results to the dealer:

(a)    All the invalid/wrong TINS entered in VAT 23/24.

(b)   Status of TINs i.e. active blocked or cancelled.

(c)    Name of the dealer as per Department’s record.

2.3          Forms with pre-added rows: Dealers can now downloaded forms with pre-added rows, thereby reducing dealer’s effort & time in adding large number of rows. The facility has been made available for 1000, 5000 and 10,000 rows.

2.4          Disabling forms directly from the index sheet: Department has added a facility using which dealers can now disable selected forms/worksheet directly from the index sheet. Earlier dealers had to individually open such sheet(s) and then click thee to disable it.

2.5          Universal validation directly from the index sheet: A facility, in the form `of a button, has been added on the index sheet using which dealers can now validate ALL the forms and worksheets on a single click. Earlier dealers had to individually validate the forms/worksheet. Additionally, the errors of all the forms/sheets, if any, would be displayed in a consolidated list instead of separate lists for separate forms/sheets.

3.            Users’ suggestions incorporated in this quarter’s VAT 15 forms :

                Department is thankful to the users for suggesting changes/improvements in VAT 15. Department is pleased to inform that the following suggestions have been  incorporated with this quarter’s VAT 15 form.

                  3.1         Provision for declaration of Entry Tax in VAT 18.

       3.2         Provision for declaring tax paid in third month of the quarter and considering            it while calculating the net tax payable.

4.            Provision for direct filling of the forms from dealers’ accounting software:

  Department has provisioned for providing schema to accounting software providers using     which the return form can directly be filled up from the accounting software. This would     eliminate the need of manually filling the return forms. Interested software providers can       contact the Department to receive the schema.

5.            Department would introduce more user-friendly facilities in the coming days.

[UNDER the Punjab Value Added Tax Act, 2005)

Last date for e-filling VAT 15 for Quarter 1 of F.Y. 2013-14 extended to 6^th August, 2013.

GOVERNMENT OF PUNJAB

EXCISE AND TAXATION DEPARTMENT

PUBLIC NOTICE

Attention  :  All VAT Dealers, Advocates, Chartered Accountants and Cost Accountants.

1.        The VAT 15 e-Filling service for quarter 1 of F.Y. 2013-14 was started from 1^st July,                     2013.

2.        The last date for e-filling of VAT 15 for quarter 1 of F.Y. 2013-14 has been extended till 6^th August, 2013.

3.       Please be informed that the dates for submitting the tax has not been changed and remains as 20^th July, 2013 for submitting tax through cheque and 30^th July, 2013 for submitting through cash.

4.       TIN of dealers not filing return till 6^th August 2013 will be locked.

Thank you.