The Value Added Tax and supplementary Duty Act, 2012 is going to be fully implemented on 1 July 2017. Some provisions of the act is already being implemended and the re-registration is going on. Under this circumstances, the booklet on FAQs under new VAT system is publised. Content of this booklet is developed by M/s Dhrupadi Techno Consortium ltd. (DTCL) under the contract of website upgradation. This content is verified by NBR and updated accordingly.
Credit mechanism is the blood of VAT System. The credit system is made easy and very simple under new new VAT. Learn how easy and simple the Credit is!
Learn about VAT Registration or Re-registration and Turnover Tax Enlistment or Re-enlistment under new VAT and get registered or enlisted easily.
Valuation is the most complex area under VAT Act, 1991. Valuation method has been restructured and changed drustically. Please know the new method.
Differences between Old and New VAT act