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R.R.JAGADEESAN, GST PRACTITIONER WELCOMES YOU TO "ABHIVIRTHI" WITH LATEST UPDATES ON GST - GOODS AND SERVICES TAX ACT, IGST - INTEGRATED GOODS AND SERVICES TAX ACT, CGST- CENTRAL GOODS AND SERVICES TAX ACT, SGST - STATE GOODS AND SERVICES TAX ACT, UTGST - UNION TERRITORY GOODS AND SERVICES TAX ACT WITH NOTIFICATIONS, CIRCULARS, FORMATS, GST TAX RATES,PRESS RELEASES, HSN CODES AND OTHER INFORMATION FOR BUSINESS SECTOR AND INDUSTRIAL SECTOR AND SERVICE SECTOR, PRIVATE BANKS, PUBLIC SECTOR BANKS, PUBLIC SECTOR UNDERTAKINGS, STAKEH0LDERS, ACADEMICIANS, STUDENTS AND CHARTERED ACCOUNTANTS AND GST PRACTITIONERS WITH COMPLETE GUIDELINES FOR ONLINE REGISTRATION, ONLINE RETURN FILING, ONLINE PAYMENT AND ONLINE GENERATION OF CERTIFICATES IN GST PORTAL (www.gst.gov.in) As per the Notification No. 78/2020 dated 15th Oct 2020, the tax payers, having Aggregate Annual Turn Over (AATO) above Rs 5 Crore, shall use atleast 6 digit HSN code in the e-Invoices and e-Waybills and other tax payers shall use atleast 4 digit HSN code in E-Invoices and E-Way Bills with effect from 1st October, 2023.-----GSTR-2B WILL BE AVAILABLE IN THE AFTERNOON OF 14TH AS ITS GENERATION COMMENCES AFTER END OF DUE DATE OF GSTR-1/IFF FILING ON 13TH TAXPAYERS MUST FURNISH 4 DIGIT HSN CODES AND 6 DIGIT HSN CODES IF THE AGGREGATE TURNOVER IN THE PRECEDING FINANCIAL YEAR IS BELOW RUPEES 5 CRORES AND ABOVE RUPEES 5 CRORES RESPECTIVELY AND 8 DIGIT HSN CODES IF THE GOODS ARE EXPORTED IRRESPECTIVE OF QUANTUM OF TURNOVER THANK YOU VERY MUCH FOR YOUR VISIT AND BOOKMARKING THIS BLOGSPOT FOR FREQUENT VISITS-----SHARE THE ARTICLES WITH YOUR COLLEAGUES AND FRIENDS USING PRINT FRIENDLY OPTION AVAILABLE ON THE RIGHT SIDE-----TO VIEW MORE ARTICLES PLEASE VISIT AGAIN AND AGAIN. ABHIVIRTHI R.R.JAGADEESAN அபிவிருத்தி R.R.ஜெகதீசன் अभिविरथी R.R.जगदीसन
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Friday, July 15, 2016

E-Filing of K Return for Contractors doing Civil Works Contract, Civil Maintenance Works Contract and All other Works Contract paying tax at compounded rates - step by step e-filing guidelines

E-FILING OF TNVAT MONTHLY RETURN – FORM K
FOR CONTRACTORS DOING CIVIL WORKS CONTRACT, CIVIL MAINTENANCE WORKS CONTRACT AND ALL OTHER WORKS CONTRACT PAYING TAX AT COMPOUNDED RATES
STEP BY STEP GUIDELINES

The Government of Tamil Nadu has introduced e-C Tax Project on 29.1.2016 from the existing old system to a new system.
Old System:     www.tnvat.gov.in
New System:    www.ctd.tn.gov.in

          As on date the following services were available in the new portal of Commercial Taxes Department, Tamil Nadu (ctd.tn.gov.in).

e-Registration under all Acts
e-Amendment / Modification in Registration under all Acts
e-Cancellation of Registration
e-Payment for availing the above services (through Net Banking/e-Challan)
e-Declaration for Check post movement (Form JJ/Form MM/Form KK)
e-Transit Pass / Way Bills (Form LL)
Generation of Advance Inward Way Bill in Form JJ as per Section 67-A is also introduced.
Usage of Digital Signature Certificate by the Dealers

The e-C Tax new portal (ctd.tn.gov.in) was launched on 29.1.2016 and the dealers were filing their monthly and annual returns in the old portal tnvat.gov.in upto the month of May 2016 to be filed in June 2016.
       
         The Government has proposed to implement filing of returns online through the new portal (ctd.tn.gov.in) from 1.7.2016 onwards i.e. return for the month of June, 2016.  As usual many dealers try to file their returns in the old website and the Home page of the old website displays the following.

Kind Attention All Users...!

All e-Services (e-Filing of Return,e-Payment,e-Registration,Online Forms etc.,) from the filing month of June 2016 to be availed only in new portal https://ctd.tn.gov.in.


Backlog Services i.e., (e-Payment, Online Forms,e-Filing) (Upto May 2016) to be availed in old portal.


As per the above message, the returns for the month of May 2016 has to be filed immediately in the old website and the returns for the month of June 2016 has to be filed only in the e-C Tax new Portal i.e. ctd.tn.gov.in.

In the newly introduced e-C Tax new Portal, the following returns were prescribed for disclosing the turnover monthly, quarterly and annual. The monthly and annual returns relates to business sector, industrial sector and service sector.  The quarterly return relates to Government Departments.

        As per Section 22 (3-A) of the Tamil Nadu Value Added Tax Act, 2006 (As per Act No.13 of 2015 came into force with effect from 29.1.2016), the casual traders and the dealers in respect of whom the relevant assessment year is the first or the last year of business, shall be assessed on the basis of the scrutiny of the returns with reference to the books of accounts, registers, records and any other document and on such enquiry as the assessing authority may consider necessary.

HOW TO FILE RETURNS

v Type ctd.tn.gov.in in any browser.

v Click Commercial Taxes Department – Tamil Nadu (https://ctd.tn.gov.in/Portal)

v Enter your Login ID (TIN – Taxpayer Identification Number)

v Enter your Login ID Password

v Enter the Captcha in the field and Click Login.

v A new e-Communication will be visible and in that window click Authenticate for e-Services under e-Services on the left side banner.

v In the new window Authentication for e-Services, select Tax Type from the Drop down Menu and enter your Transaction Password and Click.

v Now a Welcome page with dealer’s Name with TIN Number will be visible and in that page Click File My Return Button under e-Return Heading.

v Now in the File My Return page select Tax Type from the Drop Down Menu and Form Type from the Drop Down Menu and Tax Period from_________ and Tax Period To_________ and Click Check.

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v Now in the File My Return page select Tax Type from the Drop Down Menu and Form Type as VAT Form K from the Drop Down Menu and Tax Period from_________ and Tax Period To_________ and then mark Section 3(4) -  Reseller / Retailer and then Click Check.

v Now a new window File “Unadjusted Advance Tax / TDS window will be visible and in that window select Tax Type as VAT from the Drop Down Menu and Form Name as VAT Form K from the Drop Down Menu and the verify the details and enter Advance Tax Unadjusted (if any not reported earlier) and Tax Deducted at Source (If not reported earlier) if any and tick “I agree that the above details furnished are correct and complete” and click Submit Button.

v Now a new window will be visible with a question Are you sure you want submit details and click OK if the particulars are furnished correct.

v Now a new window “Unadjusted Advance Tax / TDS” will be visible with a message Your application for adjustment of Advance Tax / TDS has been submitted with Reference Number _______________

v Now click Back Button.

v Then Click K Return and fill the Basic Details i.e. Taxpayer Identification Number and Return Period Details and then click Base Form. 

v As the K Return relates to the contractors doing Civil Works Contract, Civil Maintenance Works Contract and all other Works Contracts paying tax at compounded rates Click Yes against Section 6 from the Drop down Menu.

v Then Fill the turnover particulars in Part B – For Dealers, who have opted to pay tax under Section 6 of the TNVAT Act, 2006 and fill the Taxable Turnover details against 1, Civil Works Contract, 2.Civil Maintenance Works Contract and 3. All other Works Contract details. When the Taxable turnover details were furnished against Civil Works Contract and Civil Maintenance Works Contract the tax due at 2% will be automatically calculated and when the taxable turnover details were furnished against 3.All other works Contract the tax due at 5% will be automatically calculated. The tax due details will be visible in Part F: Tax Due, Adjustment made and payable details against part B (for Section 6) and then enter Tax on Total value of the First Schedule goods purchased from unregistered dealers (Commodity: Sand Jelly etc.) liable for tax under Section 12.

v Then Click Validate Button and Generate XML Button

v In a new window a question “Are you sure you want to submit the Return?” and Click OK and then click Submit.

v Now in a new window a message “Please find Reference ID for uploading annexures. Reference ID ___________ and now Click OK.

v A new window “File My Return” will be visible and in that window select Tax Type as VAT and Form Type as VAT Form K and Tax Period From _________ and Tax period and Tax Period To _________ and  then Click Browse Button and Select the Annexures I, II and III and upload the same.

v While filling Annexure I, II and Annexure III after entering all the details click Validate Button and then Generate XML Button.  If the details furnished are correct a screen will display that “No Error Found in the Sheets” and then click OK and If there are errors rectify the same and then Click OK.

v Verify the uploaded Annexures and click Submit.

v After completion of submission of Base Form and Annexures a new window will be visible with “This is the final confirmation and you cannot upload any further Annexures. Are you sure you want to submit?”  and Click OK if all annexures are submitted.
  
v After completion of filing of Return a message will be visible in a new window.

v “Your request for e-Return is submitted Successfully. Mail and SMS has been sent to you. Acknowledgement Number for the application is __________ 

v Then in the same window “Click here for EPayment”  will be visible in blue colour and click the same.

v Now e-Payments window with E-Payment for Value Added Tax will be visible and in that window all details will be visible and now select Name of the Bank and login ID and Passwords of the Bank Account  and then tick “ I agree that the above details furnished are correct and complete” and Click Confirm Button and then Click Button.
  
v After payment of tax, Click Payment History under e-Payment and in that window Transaction ID will be visible in blue colour.

v Take Print out of the Acknowledgement Receipt for filing e-Return and also Payment Details.

v Please furnish signed acknowledgement receipt to respective circle office. Please note that the date of furnishing of signed acknowledgement receipt to the circle office will be considered as date of filing of returns.



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