Statement submission at the time of Income Tax Return.

 

Sections and Rule	Particulars
Section-108 & Rule -23	Information regarding payment of salary
Section-109 & Rule -20	Information regarding payment of  Interest
Section -110 & Rule-19	Information regarding payment of dividend
Rule -10	Particulars to be furnished on interest on securities by a person other than the government.
Rule -12	Particulars to be furnished by persons making deductions of tax at source.
Rule-18(7)	Statement of TDS under chapter-VII
Rule-21	Statement of deduction of tax under the head of  “ Salaries”
Rule-24, Rule-25 & 25A	Form of Return
Rule-41	Particulars  for depreciation allowance
Rule-47	Furnishing of an abstract of the PF account of an employee
Rule-58B	Returns, Statements etc that may be required to be furnished.

 

How to apply for online VAT Registration

 ** Website : VAT Online Services

** Sign up

** System generated log in ID and Password

** The applicant shall change the password

** Log in with new secret password of applicant

** Fill up the application form 2.1

** Check the accuracy  of the of the information VAT 2.1

** Submission of the application 

** System generated submission  ID

** Receiving BIN Form 2.3 online through email

** Showing  the BIN

3rd Schedule: Products & services

Reference	Rate	Products/Services
3rd Schedule, Paragraph-3	2%	Petroleum, Land Development,  Building construction organization up to 1-1,600 sq. feet, Re-registration (Other than first time sale)
3rd Schedule, Paragraph-3	2.4%	Medicine at Local Trading
3rd Schedule, Paragraph-3	4.5%	Over 1,601 sq. feet Building Registration
3rd Schedule, Table-1,Part-A	5%	Goods: Powder Milk, Crushed Spices, Mustard Oil, Biscuit, Ketchup, Juice, LPG Gas, Tableware, Kitchenware, Printing paper, exercise Book, wastage, CR coil, Transformer, Energy Savings bulb,
3rd Schedule, Table-1,Part-B		Services: Internet, Indenting, Furniture selling at showroom, Electricity distributor, English medium school, Information Technology enabled services, Online sales of goods. Non-Ac Restaurant.
3rd Schedule on used-3		All goods at local trading stage
3rd Schedule, Table-2,Part-A	7.5%	Goods: Self Paper, Board, Packing/simplex/Colored paper
3rd Schedule, Table-2,Part-B		Services: Non-Ac Hotel , Construction establishment, Furniture Producer, Procurement Provider, Garments
3rd Schedule, Table-3,Part-A	10%	Goods: Electric Pole
3rd Schedule, Table-3,Part-B		Services: Motor Car Garage, Dockyard, Printing Press, Mechanical Laundry, Security Service, Transport Contractor, Attendee of Board meeting, Tailoring Shop, Building, Floor & Premises Cleaning or Maintenance establishment, Social and game Club, AC-Restaurant.
3rd Schedule, Table-4,Part-A	Specific amount	Newsprint (MT), Cotton (kg), Bricks(k), Scrap/Ship Scrap (MT), MS Products (MT)
3rd Schedule, Table-4,Part-B	Specific amount	SIM Card

 

Finance Bill, Finance Act, & SRO

 

Title	Description	Remarks
Finance Bill	1st Schedule, 2nd Schedule, 3rd Schedule	Budget Declaration Date
Finance Act	Changes of Law	Effective from 1st July
SRO	Changes of VAT Rule 2016	Effective from the date of issuance if otherwise indicated.