TIN FOR PETROL BUNKS, VAT + CST

[venkat eswaran]

SIR,

MY FRIEND IS GOING TO OPEN PETROL BUNK SHORTLY. AT CHENNAI THEY INSISTED TIN NO. WHEN APPLY FOR TIN NO. WITH  SLAES TAX OFFICE IT IS COMING UNDER WHAT CATEGORY? RETAIL SALES?

WHETHER I NEED TO FILE VAT RETURN EVERY MONTH? WHICH FORM I HAVE TO SUBMIT VAT RETURN? WHAT IS THE PROCEDURE FOR RETURN FILING FOR PETROL BUNKS?

EXPECTING YOUR VALUBLE REPLY SIRS

Posts / Replies

[Saroj Behera]

Dear Venkat ji,

As per my knowledge , NO VAT & CST return will be filed. It is not coming under your VAT Act, It is your 1994 Act.

 

[Jayaraman Mani]

DEAR VENKAT

YOU NEED TO REGISTER WITH VAT/CST EVEN THOUGH PETOL/DIESEL OR EXEMPTED SALES BU

IF YOU SELL LUBRICANTS IT TAXABLE SALES IN CHENNAI. EVERY MONTH FILE A RETURN

CLAIMING EXEMPTION SALES OF PETROL/DIESEL AND LUBRUCANT PAY VAT TAX.

J MANI