VAT 15 POST LAUNCH ISSUES

1. In Miscellaneous Information: Information regarding payment to contractors and tax deducted in being called for while at the same time separate return Vat 27 is required to be filled in thus information is being repetitively called for without scrapping Vat-27

2. Vat 15 Point 2(o) under Purchase detail required deduction of labor paid on job Work which by no stretch of imagination can be part of purchase and such like items only add to confusion and not clarification or simplification.

3. Under Sales Detail in Vat 15, no provision made for other deductions.

4. In Vat forms, tax is calculated by system. Hence there is no scope for providing actual tax charged in bills. Column of rounding off is also no amenable to changes. It has been provided in Worksheet-6 only. Hence Vat forms tax is not reconcilable with books due to disabling of rounding off.

5. TIN field although does not permit lesser than 11 digits but it permits more than 11 digits. Validation is weak on this point.

6. Description of Goods as per bill has been made mandatory in Vat 18, while actual description in bill may often vary from description given under pop up and a lot of time and energy will go in finding suitable item out of 1700 items in the list and many a times there shall be a chance of selecting wrong item for which again dealer shall be made a scape goat.

7. Similarly Commodity name which was earlier an optional field has been mandated. Earlier only trade name was mandatory. This will put the dealers to   
a lot of hardship against which the dealers had raised their voice after which this field was made optional.

8. Vat 19 asks information of purchase whether it is against C form or without C form. Dealers have entered their data in softwares without making this bifurcation . Although this requirement in the form is to facilitate issue of C forms electronically but it will result in lot of hardship for quarter ending 31-12-2012. So it should be suspended till next quarter.

9. Column for 3rd month payment should also be inserted. Other wise the form makes the amount payable in spite of entering the payment for 3rd month in the return. This anomaly prevailed in earlier return format also has been inherited from the same.

10. The form takes more than reasonable time while exiting and it is not convenient to work upon it in network system.