Download Andhra Pradesh VAT FORM 501A: Certificate of Tax Deduction at Source under AP Value Added Tax Act 2005
As per Andhra Pradesh VAT rule 17(1)(f), 17(3)(e) & 18(1)(b) Where tax has been deducted at source, the contractor VAT dealer shall submit For VAT 501A after certification by the Contractee. In case the contractor is unable to submit Form VAT 501A he shall pay the tax due.
Where the VAT dealer has not maintained the accounts to determine the correct value of the goods at the time of incorporation he shall pay tax at the rate of twelve and a half percent (12.5%) on the total consideration received or receivable subject to the deductions specified in the table below: In such cases the contractor VAT dealer shall not be eligible to claim input tax credit and shall not be eligible to issue tax invoices.
The Contractee shall complete Form VAT 501A supplied by the contractor indicating the TIN, the amount of tax deducted and details of the related contract. The Contractor, VAT dealer shall send the Form VAT 501A to the authority prescribed together with proof of payment within fifteen days from the date of each payment made to the contractor
