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