Overview of VAT in Arunachal Pradesh:
Arunachal Pradesh might not occupy a central position in terms of trade in the country but is a key strategic state for India, with the development of the state critical for everyone concerned. VAT in the state is governed by the Arunachal Pradesh Goods Tax Act of 2005, with the Commercial Tax Department in charge of implementing the provisions of this Act.
Arunachal Pradesh VAT Rates:
VAT rates in Arunachal Pradesh are dictated by the Goods Tax Act, with different goods attracting different VAT. The Act has a provision for 4 primary Schedules, each one containing a list of items with their respective VAT rates.
Goods under the First Schedule are exempted from VAT and include items like charcoal, organic manure, sugar, unprocessed salt, ginger, garlic, fresh plants, etc. The items under this list are exempted owing to their importance in daily life in the state and over 50 goods are mentioned under this First Schedule.
Goods mentioned under the Second Scheduled attract a VAT of 1%. Gold, silver and other precious metals are listed under it, including jewellery, imitation gold, articles and any item made from precious stones.
The Third Schedule has over 150 goods listed under it, attracting a VAT of 4%. Some of the popular items in this list are metal ores, animal fat, acids, printing ink, bags, natural rubber, starch, tamarind, plastic footwear, microphones, switches, etc.
Items under the Fourth Schedule attract a VAT of 20% and include liquor (including non-potable one), narcotics, molasses, turbine fuel, petrol and all products derived from petroleum and natural gas.
Arunachal Pradesh VAT Registration:
Registration is key to the successful implementation of VAT in the state, with all traders and dealers with a turnover which is over the taxable limit expected to compulsorily register themselves. Individuals might also choose to register themselves voluntarily if they do not meet the taxable turnover criteria. The registration process is simple and fast, with individuals expected to fill up the relevant form, providing their basic information and paying the necessary fee along with the documents required. One can use Form RF-01 to register themselves with the Commercial Tax Department.
Arunachal Pradesh VAT Forms:
The Arunachal Pradesh Goods Tax Act of 2005 has ensured that taxpayers are not burdened when it comes to paying VAT, with streamlined forms designed to help individuals. There are over 30 Forms to choose from, each one created for a particular purpose. The popular forms among these are Form FF-09 for refund application, Form RU 01 for registration, Form TU 01 which is a certificate of approval, Form FU 01 which is the refund order for a dealer and Form FF 01 which is the tax return of a dealer. These forms can be downloaded from the official website of the Commercial Tax Department of Arunachal Pradesh.
Arunachal Pradesh VAT Return E-Filing and Payment:
Individuals can file their VAT returns and pay the amount online, through the official website of the Arunachal Pradesh Commercial Tax Department. Registered individuals can file their returns by providing their credentials and attaching the relevant copies with the completed application form. A system generated Acknowledgment slip will be provided on successfully completing this process. Online payment of VAT can be done by using the acknowledgement number and date. On successful payment a receipt will be generated which can be used as proof of payment.
Frequently Asked Questions:
- Can registered individuals make changes to their registration?
Yes, changes are permitted, subject to the registered individual providing details of such changes to the relevant authority.
- Is there a penalty for individuals who fail to register themselves?
A. Yes, individuals who fail to get registered after the grace period will be fined an amount of Rs 1,000.
- Is VAT applicable on second hand goods?
A. Yes, VAT can be charged on second hand goods as per the provisions of the Act.
- Who is responsible for the implementation of VAT in Arunachal Pradesh?
A. The Commissioner of Goods Tax will be responsible for the implementation and collection of VAT in the state.