As per the new TNVAT notification No GO ( MS) 137 dtd 31-10-2013, issued by the Commercial tax Department, w e f 1st Nov 2013, the TNVAT monthly returns shall be appended with new Annexure V wherein details of the closing inventory at the end of every month with Input tax credit there on shall be provided. The details in this annexures are to be provided mandatorily in case Input tax credit is being carried forward to next month.
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The relevant notification is reproduced below :-
2 thoughts on “Important amendment to Form I TNVAT Monthly return”
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