The Union Territory of Andaman and Nicobar Islands on September 06, 2024, issued a tax compliance reminder for VAT-Registered Dealers.
The following has been stated: -
• The dealers must adhere to the rules and regulations under A&N Islands Value Added Tax Regulation, 2017, and A&N Value Added Tax Rules, 2020 as laid down in Notification No. F.No.1-1/DC (SA)/VAT (PF)/2017-18/5974 dated December 31, 2020, regarding an advisory for Bar Owner & POL dealers.
• The non-compliance constitutes a gross violation of VAT Rules and results in a significant loss to the Government exchequer. Therefore, all bar owners and POL owners have been once again directed to strictly comply with the due dates as per the notification as mentioned earlier provided as under.
• Further, it is clarified that all the Value Added Tax Returns shall be submitted at the Office. This directive is issued in the interest of maintaining proper tax compliance and ensuring the financial health of the Government exchequer.
