Sri Vijaya Puram, Sept. 19:It has been observed that some Bar Owners and POL (Petroleum, Oil & Lubricant) Owners are not remitting their Value Added Tax (VAT) on a monthly basis within the due dates as notified vide F.No.l-1/DC (SA)/VAT (PF)/2017-18/5974 dated 31st December, 2020 issued by the Commissioner (VAT), A & N Islands. This non-compliance constitutes a gross violation of VAT Rules and results in a significant loss to the Government exchequer.
Therefore, all Bar Owners and POL Owners have been once again directed to strictly comply with the due dates as per the aforementioned notification provided as under:
| SI. No. | Particular | Time Prescribed | Due Date |
| 1. | Payment of Tax | Monthly | 21st day of each succeeding month |
| 2. | Submission of Return | Quarterly | 28th day of each succeeding Quarter |
Further, it is clarified that, henceforth all the Value Added Tax Returns shall be submitted at the Office of the Value Added Tax Officer (HQ) situated at RCS Office, VIP Road, Sri Vijaya Puram.
This directive is issued in the interest of maintaining proper tax compliance and ensuring the financial health of the Government exchequer.
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