After the Telanga Region is divided from Andhra Pradesh state the Commercial Tax Department of Andhra Pradesh state after bifurcation has changed its policies and the way of Monthly VAT Returns submission procedure also. In the 2015-2016 Financial Year, it has introduced a new electronic Filing System called Invoice Tracking System.
And in this article we are going to understand it in better way and let us see how we can upload the Monthly VAT Returns from June 2015 onwards from VAT Dealer e-Returns Portal. Earlier the VAT Dealers were uploading the VAT 200 Form by providing the Purchases and Sales Summary Report only of the particular month but from June 2015 onwards every VAT Dealer has to upload the Invoice Details and file VAT 200A Form before submitting VAT 200 Form.
In order to complete a month VAT Return VAT Dealer must go through the following procedure and it is mandatory.
- Login to the VAT Dealer Account using the TIN Number and Password.
- First the VAT Dealer must complete the Invoice Tracing System where he has to prepare the Annexure I and Annexure II Excel Template files, Upload, and Confirm from his Dealer Account in AP Commercial Tax Department portal.
- After the Invoice Tracing is done he has to complete the VAT 200A Form.
- After you have gone through the first two steps the final stage is common VAT 200 Form with which we are familiar already.
And this is the procedure of submitting the Monthly VAT Returns to the Andhra Pradesh state Commercial Tax Department from June 2015 onwards. And this is how to submit the monthly VAT Returns in Andhra Pradesh state.