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Particulars |
Checked By |
Remarks |
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| A |
Check for applicability of various Acts |
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| 1 |
Income Tax |
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| 2 |
VAT |
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| 3 |
CST |
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| 4 |
Excise Duty |
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| 5 |
Service Tax |
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| B |
Payment |
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Check that |
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| 1 |
Payment is made before due date by Authorised person |
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| 2 |
Proper due date chart is maintained and displayed. |
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| 3 |
The Unit Head intimates the Asst Taxation Manager about the statutory payments through mail/hard copy before 3 days of the due date. |
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| 4 |
Copy of challans is sent to Asst Taxation Manager by 10th of next month |
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| 5 |
Monthly consolidated report in prescribed format for all statutory payments is forwarded to Asst Taxation Manager |
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| 6 |
All the financials are certified by Unit Head |
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| C |
Filing & Checking of Returns |
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Check that |
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| 1 |
All the challans and returns are submitted directly by the unit. |
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| 2 |
The same is verified by Asst. Taxation Manager before filing and confirmation sent |
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| 3 |
All legal compliances are fulfilled by Unit Head and the same is informed to ATM |
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| 4 |
The following returns are timely filed |
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| i |
e TDS Return |
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| ii |
Excise Return: |
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| iii |
VAT Return: |
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| iv |
Service tax Return: |
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| v |
ESI & PF Return: |
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| D |
Scrutiny/ Audit objection / Query from Govt. Department |
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Check that |
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| 1 |
The information of the notice received by the unit from the department (i.e. Income Tax, Sales Tax etc.) is sent to the Asst Taxation Manager by the Unit Head. |
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| 2 |
Asst Taxation Manager checks the status of scrutiny/ audit objection/ query etc. |
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| 3 |
Asst Taxation Manager prepares the reply of the order / query received by gathering information requirements from Unit Head and send a copy to Unit Head |
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| E |
General |
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Check that |
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| 1 |
Any amendment in the applicable act is informed by the Asst Taxation Manager to the Unit Head with the due date of applicability. |
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| 2 |
Unit Head follows the Notification / circular (Direct & Indirect tax) issued by Govt. when informed by the Asst. taxation manager. |
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| 3 |
The following certified details are provided by Unit Head to ATM – |
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| i |
Challan of tax payment |
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| ii |
Ledger of the account. |
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| iii |
Account statement of party / Purchase / sales etc. |
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| iv |
Rate of TDS/ VAT/ CST/ Excise Duty / Service tax / PF / ESI |
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| v |
Statement of VAT-7,VAT-8 & VAT-9 |
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| vi |
Details of statutory forms (VAT forms) used during the period. |
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| vii |
Ledger of VAT / Excise / Service Tax |
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| viii |
Return shall be Certified / verified by Unit head. |
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| ix |
Return shall be authorized by taxation Dept. |
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| x |
Return shall be filed on due date |
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