CA NeWs Beta*: Pune Camp CPE Study Circle Meets on 11th August 2012 at Hotel Aurora Towers - Topic: Panel Discussion on VAT on Builders

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Wednesday, August 8, 2012

Pune Camp CPE Study Circle Meets on 11th August 2012 at Hotel Aurora Towers - Topic: Panel Discussion on VAT on Builders

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>Pune Camp CPE Study Circle is pleased to announce "Panel Discussion on VAT on Builders considering the Impact of Trade Circular 14 T of 2012 Dated 06/08/2012" on Saturday 11th August from 08.00 am to 11.00 am at Hotel Aurora Towers , Camp Pune CPE 3 Hours
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>As per the circular the developers are liable to pay tax under VAT with effect from 20th June 2006. Further the developer should apply for registration on or before 16/08/2012 and applies for administrative relief on or before 31/08/2012 alongwith proof of filing of returns and payment of tax for unregistered period, then the compounding fee for all unregistered period shall be levied at Rs 5000/- only.
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>If the developer fails to apply for registration and administrative relief before above –mentioned date then the compounding fee will be not less than , Rs 5000 plus 0.5% of the gross sales tax liability , arising during unregistered period , for each month of delay in obtaining the registration under the relevant Act.
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>We will be inviting the eminent faculties on the panel for the benefit of the members.
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>Thus the members are requested to take the note of the same and attend the seminar to discuss and analyze the same. --
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>Thanks
>For Pune Camp CPE Study Circle
>Convenor
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>CA. Mukesh A. Jain
>Office No. 6, Bharat Arcade, 2394A, East Street,
>Camp, Pune - 411001
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