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


 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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