Karnataka Vat new notification, Purchase and Sales to be updated along with Monthly Returns
Karnataka government have issued a notification regarding submission of Purchase and Sales details along with Monthly VAT Returns.
Dealers filing their returns must provide the details of purchases and sales made. The new notification is applicable from May 2014.
For full details please refer the following notification number CCW/CR 44/2013-14 dated 29/04/2014
There is some problem in excel file provided by VAT department to upload the sales and purchase details.
You can check all the errors in file here.
Government has done a great job by implementing this requirement but ground level work was not done properly by the execution team.
The excel file has lot of bugs and one can not use this file. Looking at the difficulties of public the VAT deparment has delayed the requirements by 100 days.
Now you upload the details of sales and purchase in 100 days.