Due date of filing "VAT-annual return" in UP extended

Extension of date for e filing-Assam VAT

Time Limit for report  e filing u/s 29 of the Assam VAT Act, 2005 and filing audit has been extended up to 31 December 2012.
Reference :-Notification No FTX.55/2005/Pt-IV/77 dated 13 Decemver 2012

VAT to be charged on set Top Boxes-Delhi VAT

As per circular issued recently by Delhi Commercial department, cable operator will have to pay VAT on charges for installing set top boxes.

The Govt. of India has recently taken initiative of digitizing the Indian Television Industry in the next three years. As a result set top boxes were expected to be placed/installed by various cable operators in Delhi region by 31.10.2012, the deadline imposed by the Ministry of Information and Broadcasting, Govt. of India.
The set top boxes are being supplied to the cable users by the cable operators on lease basis
against refundable securities. It is reported that these operators are not paying VAT on these
transactions terming the same as intrustment, thereby denying the state of its legitimate right
to impose VAT on these transactions.