Amendment to VAT provisions irks Jharkhand assessees

Jamshedpur, Apr 27 | Updated: Apr 28 2007, 07:19am hrs
Jharkhand sales tax assessees are unhappy about some amendments in the states Value-Added Tax (VAT) provisions that make life more difficult for the taxpayer.

They said that the amendments have been made without consulting members of the Jharkhand Vat Amendment Committee, of which most trade associations of the state are members.

Jharkhand was among the last lot of states in the country to introduce VAT, with effect from April 1, 2006.

On March 9, 2007, the state brought in an amendment in its VAT provisions that said all three types of forms meant for transportation of goods would have to be authenticated by the department, and that too with retrospective effect from April 1, 2006. On implementing Vat, and while asking sales tax assessees to get forms printed on their own, the department said that only green forms which are meant for 'importing goods from outside the state,needed to be authenticated by the department.

The two other forms, which didn't need the department's authentication earlier but now need it, are for transportation of goods within the state' and for sending goods outside the state'. Prior to implementation of Vat, sales tax assessees were to file both monthly and quarterly returns. When Vat came into force, they were required to file only monthly returns. An amendment has now been made that makes it compulsory for the assessee to file quarterly returns again, over and above monthly returns.

The monthly data given by the assessee is an elaborate one under Vat. Instead of burdening him further,the department can easily add them up to arrive at the quarterly figures, said RN Gupta, president, Singhbhum chamber of commerce & industry.