aruntax.nic.in e-Registration for VAT Arunachal Pradesh : Commissioner of Taxes & Excise

Organization :Commissioner of Taxes & Excise Arunachal Pradesh
Facility : e-Registration for VAT

Home Page : https://aruntax.nic.in/
Register here :https://aruntax.nic.in/home.html

e-Registration VAT

A. Unlike the name suggest, VAT is NOT a tax on the margin of the business. VAT is a Consumption Tax, meaning, tax on consumption of goods by the consumers. VAT is to be borne by the consumers.

Related : Apply For Tax Deduction Account Number Allotment & Check Status Arunachal Pradesh : www.statusin.in/8732.html

VAT Online Registration System :
Using this web-site the dealers can request for the registration under VAT Act. Here, the dealer will be requested to enter the Application details online and attach/upload the scanned copies of documents/photos need to be attached with the appliction form. Once these details are submitted, system will generate the ACK Slip with unique number for the future reference of the dealer. This web-site also allows the dealer to make the payment of registration fee online through e-payment mode. Using the e-registration status option, dealer can check the status of processing of his application by the concerned officer. Once request is approved, the dealer will be sent the copy of the VAT Certificate through post.

FAQs :
1. Does VSystem increase the incidence of Tax on consumer?
No. The tax incidence remains the same.

2. Will Vsystem complicate the Book of Accounts to be maintained by the dealer?
No. On the Other hand, it will simplify it. A dealer is expected to maintain two registers. Sales Book and Purchase Book. In Sales Book, he would record chronologically sales made and tax collected from the purchaser. In Purchase book, similarly, he will record purchases made and tax paid on such purchases.

3. How will the Net Tax payable be calculated?
First, the ‘Output tax’ is calculated from Sales Book by adding the tax collected from the consumer in respect of sales made in the quarter. Then ‘Tax Credit’ is calculated by adding the tax paid on purchases made in the same quarter.

The Net tax payable is the Output Tax minus Tax Credit. If this value is negative, dealer gets a refund from the department in that quarter.

4. What kind of purchases are eligible for Tax Credit?
All business inputs, be it raw material, capital goods, computer, record books or anything which is used by the dealer to conduct his business. However there are two exceptions.

Tax Credit can-not be availed in respect of purchase of items used for conducting business of Exempt items. Also there is a list of ‘non-creditable purchases’ specified in the Seventh Schedule of the A.P. Goods Tax Bill.

5. What is the implication of reduction of CST to zero, as announced by the Chief Minister?
It means that if a dealer in Arunachal Pradesh makes a sale to a dealer outside Arunachal Pradesh, no tax will be charged by the Government of Arunachal Pradesh. In addition, if any tax is paid on inputs to produce or trading of the said item, it will be eligible for tax credit.

6. Is any declaration Form required for claiming zero CST for interstate sales?
Yes. Sale can be made against any CST declaration form such as C-Form, F-Form, H-Form etc.

Arunachal Pradesh VAT :
Arunachal Pradesh (the Land of the dawn-lit mountains) is located in the extreme north-eastern corner of India. It is bordered by Bhutan, on the west, China (Tibet) on the north and north-east, Myanmar) on the east, with total international border of 1863 km and south-east and the States of Assam and Nagaland to its south. Earlier known as NEFA, Arunachal Pradesh came into existence in 1972 as a Union Territory. Full fledged Statehood was granted on 20th February, 1987. There is very little flat land and entire area is covered by mountains offering variety of topography, vegetation and wildlife.

Contact Us :
Commissioner of Taxes & Excise
Govt. of Arunachal Pradesh
Kar Bhawan, Itanagar
Ph. : (0360)-2211771
E-mail : goodstax-arn[at]nic[dot]com