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The Kerala Value Added Tax Rules2005 Form

The Kerala Value Added Tax Rules2005 Form

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another update brought about by train law in 2023 aside from the graduated income tax rate initially filing of vat returns it is no longer on a monthly and quarterly basis but shall only be on a quarterly basis ing to revenue memorandum circular number 5-2023 which pertains to transitory Provisions for filing but beginning January 1 2023 filing and payment for vat returns using bir form 2550q shall be done 25 days following the close of each taxable quarter so the previous monthly filing of bir form 2550m shall no longer be required the RMC also provided this table as a guide for vat taxpayers using fiscal period accounting you can head on out to the website of the bir to download and read this Revenue memorandum circular for your reference and proper compliance

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