For dealers in Gujarat VAT payment is mandatory, if they have a turnover of more than Rs. 5 lakhs and a taxable turnover of Rs.10,000 or more. These dealers will need to register for VAT under the Central Sales Tax (CST) Act. In Gujarat VAT registration is voluntarily and casual dealers and auctioneers with a taxable turnover of over Rs.10,000 will also have to obtain Gujarat VAT registration. If a dealer is dealing in products that are mentioned under Schedule 2, then they will have to pay the tax within 12 days. Whereas, products mentioned under other schedules will have a time frame of 22 days from the end of the month, or quarter, in which the VAT Return is filed.
Modes of VAT Payment in Gujarat?
There are 2 modes of payment for VAT in Gujarat, online and offline payment. The easier mode of payment will be the online one, as you can make the payment from anywhere.
For the Online Payment:
The dealer can visit the Gujarat Commercial Tax website, choose the option to sign up for Tatkal Registration. After which the website will ask for details such as the firm name, PAN card details, email id. Then the dealer will need to create a password while signing-up, to enable secure logins to the site. It’s crucial to remember this ID and Password as these will be required while make the payment. The website now creates temporary login id for the dealer. Once all this is done, log into the system.
- Choose the option for online payments.
- Now the dealer will be required to fill in the office address, phone, email id, choose the district, and choose the appropriate taluk sub treasury, and also choose the bank with net-banking facilities for the payment to be made through.
- After filling all the necessary information the dealer will need to hit the confirm button.
- The dealer will now be directed to his/her bank where they will need to login with their online banking credentials and make the payment.
- After the payment is complete, the bank will generate an acknowledgement with a Transaction id and challan identification number.
For the Offline Payment:
Dealers who do not have access to internet banking or do not have internet banking services, can make their VAT payment through banks across the state of Gujarat. This requires the dealer to visit the office to make the payments. This kind of payment is called a Counter Payment. Dealers will need to choose the bank through which they wish to make the payment. They can choose the pay the VAT via any of these mode of payment; cash, cheque or demand draft. The dealer will be required to file the returns as usual on the commercial tax website, and fill in the necessary details and generate an e-Pay-in-Slip (challan) for counter payments. If the payment of tax is made by cash then, the dealer will need to enter the amount of tax to be paid, after which an e-Pay-in-slip (Challan) will be generated. If the mode of payment is cheque or demand draft then, the details of cheque or demand draft will need to be entered, an e-pay-in slip (challan) will be generated after confirmation.
With the printed challan the dealers can visit the nearest bank, authorised to receive these payments, and then make the payment during the banking hours of the bank. After getting an acknowledgement of the payment from the bank, the dealer will need to login again to the commercial tax website and verify the payment. For this verification the dealer will receive acknowledgement as well. After making this payment, the dealer has to submit a copy of the returns at the circle office as well, with the acknowledgement given by the bank, the e-Pay-in-Slip and the acknowledgement received from the commercial tax website.
Gujarat VAT Return e-Filing and Payment:
Mentioned below are a few examples of the types of business concerns and parties that must file monthly VAT returns in Gujarat:
- Dealers that have a VAT payment over Rs.60,000 in either the current or previous year.
- Importers and Exporters.
- Dealers of Schedule III goods.
- Dealers that enjoy the benefits of deferment or exemption.
- Businesses in Special Economic Zones (SEZs) that have refunds or remissions under Section 40 or Section 41.
Mentioned below are a few examples of the types of business concerns and parties that must file quarterly VAT returns in Gujarat:
- Businesses and dealers that are permitted to pay lump sum tax.
- Businesses and dealers whose VAT tax is under Rs.60,000.
All dealers and businesses must file an annual tax return in addition to their quarterly or monthly returns.
Filing is due by or before:
- The 30th of June if the annual turnover is less than Rs.1 crore.
- The 31st of December if the annual turnover is more than Rs.1 crore.
Payment is due by or before:
- VAT payments are due within 22 days from the end of the month, or quarter, in which VAT returns are filed.
- VAT payments are due within 12 days from the end of the month, or quarter, in which VAT returns are filed for Dealers of Schedule 3 Goods.
Frequently Asked Questions:
- Where can businesses and deals go for e-payments?
Log on to cybertreasury.gujarat.gov.in for e-payments.
- What is the procedure for e-payments?
After logging on to the above link,
- Click on “Tax Period and Details”.
- Find the bank portal.
- Enter credentials.
- Payment can be made at this stage.
- Wait for confirmation and receipt of payment from the bank.
- What is the process to receive a duplicate Receipt of the e-Return?
After logging on to the website:
- Go to History.
- Click on Return History.
- Enter the Tax Period for which you want a duplicate e-Return.
- What is the process to download CST forms?
CST Forms can be downloaded, after logging on to the website and:
- Click on Online C-Form.
- Approved CST Forms.
- Enter the Tax Period.
- Click on Generate.
- What is the process for editing information on CST forms?
In order to do this, the concerned dealer or business must first approach the Assistant Commissioner’s Office with the details of Purchase Annexure.