State Goods and Service Tax Department- Government of Kerala has issued Circular No. 10/2018 to extend the due date for filing the Kerala Annual VAT Returns for the Financial Year 2017-18 from 31st May, 2018 to 30th September, 2018.
Since Value Added Tax was applicable during the 1st quarter of the financial year 2017-18 following instructions are issued for filing of consolidated returns for the period from April to June 2017-
- The dealers who were liable to file monthly returns in Form No.10 & Form No.10 DA for April, May & June, 2017 shall now file consolidated return for this period on or before30th September, 2018.
- The dealers who were liable to file quarterly return for the first quarter of 2017-18 shall now file the return on or before30th September, 2018.
- The dealers filing monthly return whose turnover for this period does not exceed Rs.60 lakhs and who require any change in the returns submitted, they shall apply before the assessing authority and get the return revised and shall file the consolidated return after including such changes on or before30th September, 2018.
- The dealers whose turnover for this period exceeds Rs.60 lakhs and who require no change in the returns submitted, they shall file the audit report in Form No.13 & 13A by31st December, 2018.
- The dealers whose turnover for this period exceeds Rs.60 lakhs and who require any change in the return submitted, they shall file the audit report in Form No.13 & 13A incorporating the changesby31st December, 2018 and simultaneously file a request for revision of returns before the assessing authority.
- If a dealer intends to file the consolidated return online, then he has to file ‘NIL’ returns for the subsequent months till March, 2018, and generate the onlineconsolidated return.
- Commodity wise closing stock inventory in Form No.53 as on 30th June, 2017 shall be filed by all dealers manually or online on or before30th September, 2018.
For further details please refer the attached Circular.
Source : State Goods and Service Tax Department- Government of Kerala
