Excel utility for filing VAT-20 online

0 comments Thursday, November 29, 2012

VAT-20(Annual Statement) under Punjab VAT Act, 2005 is going to be online w.e.f 01-12-2012. I have received the excel utility software for filing VAT-20 online. The same can be downloaded as below:

Online VAT-20

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Trade mark is "Goods", royalty for its use is liable to VAT

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 Kerala High Court in Malabar Gold Private Limited vs. CTO has held that Trader Mark falls within the definition of goods and royalty received for use of Trade Mark is a deemed sale as transfer of right to use goods and liable to VAT/sales tax.

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