Commercial Tax AP Payment Process
Andhra Pradesh is a major commercial hub in the Southern part of India. Likewise other states, VAT was introduced in the state in the year 2005. As in the case of other states, here we are informing users with online procedures related to the AP commercial tax. AP VAT rates, registration process, generation of way bills, and other procedures are explained in this post. The unique feature of the Andhra Pradesh commercial tax is start-ups input tax credit voluntary VAT registration. The AP VAT rules allow tax refunds for exporters. Tax is also refunded for the cases where outputs are taxed at 12.5% and the inputs are taxed at the rate of 14.5%.
The main CTD portal offers facilities of the AP commercial tax e-payment, online challans for payments, generation of e-waybill, and e-returns. Dealers are often looking for the method of online generation of the AP Vat waybill. Before digitization, VAT waybills and CST waybills were mandatory to be accompanied along with the goods. The official CTD portal apct.gov.in allow online facility of generating e-waybill. The dealers and manufacturers can issue tax invoice containing this unique e-way bill generated online. The e-way bill number is treated as an e-way bill and does not require the bill on a paper. The online facility of generating e-waybill is for the convenience of the dealers. Using the e-waybill number, the invoice can be verified online. It very well saves efforts and time on the part of the sender of the goods and also helps saving paper.
How to Generate AP VAT / CST Way Bill Online
Waybills are required while moving the goods by the dealer or the manufacturer. Generating online way bill is the major digital facility provided by the AP commercial tax department. Here is the step by step procedure to generate AP VAT / CST e-waybill for AP Commercial Tax :
- Visit the site apct.gov.in.
- You will see all the available facilities on the homepage. Follow the option saying “eReturns / Generate ewaybill/e C&F Form”.
- Login to your dealer account by using 11 digits TIN number and password.
- Find the option eWaybill S/C, F Forms at the top of the menu.
- Click the option “Create E-Waybill / C,F Forms”.
- Now you will get a Dealer profile page. Select the appropriate option as either VAT waybill or CST waybill as required by you.
- Choose the option from invoice count less or more than 5.
- Here you should see an e-filling form. Fill up all the details including TIN number, invoice value, vehicle number, quantity of the goods.
- Click on the button “Add Invoice”.
- Now you will see the preview of your waybill. Verify all the details carefully and click on the “Generate Waybill” option.
Your waybill is ready now. You can take a printout or save the AP CST/VAT eWaybill.
AP Commercial Tax and VAT Rates
The commercial department of the state categorizes goods under different schedule. Goods are scheduled as exempted or taxed with different rates. Find below the schedules provided by the AP tax. The goods or services will be taxed as per the schedule under which they fall.
|Schedule I||List of goods Exempt from tax Under Section 7|
|Schedule II||Transactions Zero-Rated and Eligible for Input Tax Credit|
|Schedule III||List of goods taxable @ 1%|
|Schedule IV||List of goods taxable @ 5%|
|Schedule V||Standard Rate (RNR) of 14.5 %|
|Schedule VI||Tax at special rates|
Andhra Pradesh VAT e-Payment and e-Returns Filing
With the online facilities of payment of taxes, it has become easier to pay taxes. Following pages at the portal of AP commercial tax provides the facility of e-Payments and e-filing returns.
To make e-payment, simply enter your TIN number, the period for which you want to pay tax, amount and click the submit button. You can pay tax through the nominated banks listed below on the same page.
The second link is to file e-return of VAT or CST. Exporters and other dealers can file for e-return as applicable. Users can download the form no. 510A or 510B or 510 from the site and submit the online.
Under the provision of the AP commercial tax, every individual or firm involved in trade with turnover of and above Rs. 40 lakhs should be registered with VAT and CST. We also shared information on Gujarat commercial tax payment. Dealers and Intermediaries also need to be registered regardless of the amount of the turnover. A unique GRN or TIN number is issued for the convenience of carrying out the VAT processes. Myincometaxrefund.in has published similar information on commercial taxes of other states too. You may also find useful information on income tax, advance tax payment, and tax deduction system. Keep visiting us for more information and updates on AP commercial tax.