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KERALA VALUE ADDED TAX RULES, 2005 FORM No. 3 See Rule 17(9) TO The Commercial Tax Authority VAT OFFICE ADDRESS I / We (name)????? Of??????? (address) ????hereby declare that I / We have ceased my/

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What is kerala value added tax?

Kerala Value Added Tax (VAT) is a state-level tax levied on the sale or purchase of goods within the state of Kerala. It is an indirect tax that is added to the value of goods at each stage of the supply chain.

Who is required to file kerala value added tax?

Businesses registered under the Kerala Value Added Tax Act are required to file Kerala Value Added Tax. This includes manufacturers, traders, dealers, and any person engaged in the buying, selling, or supplying of goods or services.

How to fill out kerala value added tax?

To fill out Kerala Value Added Tax, businesses need to maintain proper records of sales, purchases, and other relevant transactions. They should then use these records to calculate their taxable turnover and VAT liability. The filled out VAT returns can then be submitted online or through the prescribed offline methods.

What is the purpose of kerala value added tax?

The purpose of Kerala Value Added Tax is to provide revenue to the state government, promote economic growth, and ensure that the tax burden is distributed fairly among businesses and consumers. It is also aimed at eliminating multiple taxation and cascading effects.

What information must be reported on kerala value added tax?

Kerala Value Added Tax returns require businesses to report their turnover, taxable turnover, VAT liability, input tax credits claimed, and any other required details. This information helps the tax authorities assess the tax liability of businesses accurately.

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