Download Kerala Vat Form No.5A

Download Kerala VAT FORM No.5A: Renewal Registration of Presumptive Tax Dealer under the Kerala Value Added Tax Rules, 2005

As per Kerala vat rule 17(17)

Every registered dealer shall file an application for renewal of the registration in Form No.5 in the case of a dealer other than presumptive tax payer and in Form No. 5A, in the case of a dealer paying presumptive tax under sub section (5) of section 6, not later than 30th day of April of the year for which the renewal of registration is sought. Along with the application he shall also file a Chelan receipt from a Government Treasury for the fee specified in sub-section (7) of section 16.

As per section 6-(1) Every dealer whose total turnover for a year is not less than ten lakh rupees and every importer or casual trader or agent of a nonresident dealer, whatever be his total turnover for the year, shall be liable to pay tax on his sales or purchases of goods as provided in this Act. The liability to pay tax shall be,-

(a) in the case of goods specified in the Second and Third Schedules, at the rates specified therein and at all points of sale of such goods within the State;

(b) goods specified in the Fourth Schedule shall be outside the purview of this Act”

(c) in the case of transfer of the right to use any goods for any purpose whether or not for a specified period, at the rate of four percent at all points of such transfer;

(d) in the case of goods not falling under clauses (a), (b) or (c), at the rate of 12.5% at all points of sale of such goods within the State;

(e) in the case of transfer of goods involved in the execution of works contract where transfer is in the form of goods, at the rates specified for such goods in clause(a), (b), (c) or (d) above, as the case may be.

(f) in the case of transfer of goods involved in the execution of works contract where the transfer is not in the form of goods but in some other form, at the rate of 12.5% at all points of sale; “;

(2) Notwithstanding anything contained in sub-section (1), every dealer who purchase taxable goods from any person other than a registered dealer shall pay tax on the purchase turnover of the goods at the rate mentioned in the schedules to this Act.

Provided that a dealer other than an importer, casual trader or an agent of a nonresident dealer shall not be liable to tax under this sub-section if his total turnover for a year is less than five lakh rupees

(4)Goods specified in the First Schedule shall be exempted from tax. (5) Notwithstanding anything contained in sub-section (1), any registered dealer other than an importer or a dealer liable to tax under sub-section (2) or a dealer effecting first taxable sale of goods within the State, whose total turnover for a year is below rupees fifty lakhs, may at his option, pay tax at the rate of one percent of the turnover of taxable goods as presumptive tax instead of paying tax under sub-section (1).

Provided that a dealer who has been paying tax under sub-section(1) shall not be entitled to opt for payment of tax under this sub-section unless his total turnover continue to be within the limit specified in this sub-section consecutively for three years

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