Sales Tax Review

July 2008

TRADE CIRCULAR.

No.VAT/AMD-1007/1B/Adm-3(Adm-6)

Sub  :  Electronic filing of Annexure.

Gentlemen/Sir/Madam,

This circular is in the nature of an advance intimation.

2. It is proposed to introduce a system whereby Annexures containing details of invoices of sales and purchases are filed electronically alongwith returns. Various alternatives regarding the proposed system are under discussion and consideration.

3. Annexures will be in the form of invoice-wise details of sales and purchases. The annexure will be required to be filed alongwith the return. Dealers will be required to provide sales tax registration number (TIN) of the purchaser in the case of local sale. Therefore, it would be useful if the dealers start collecting the TIN of their purchaser and record this TIN on the Tax Invoice issued by them.

4. The details of the new system and further requirements would be made known to the trade and industry well in advance. This circular is being issued to appraise the trade and industry of the forthcoming developments so as to give them time to prepare themselves for the new system of filing of E-annexures containing details of invoices of sale and purchase.

5. This circular cannot be made use of for legal interpretation of provisions of law, as it is clarificatory in nature. If any member of the trade has any doubt, he may refer the matter to this office for further clarification.

6. You are requested to bring the contents of this circular to the notice of all the members of your association.

Yours faithfully,
(Sanjay Bhatia)
Commissioner of Sales Tax,
Maharashtra State, Mumbai.