It is a form to pay tax to State Government
It is normally paid in banks
Details of tax paid are given in VAT return in prescribed format
It is deposited with local VAT Department
Note:- First we pay challan and then details of challans are given in return.
Hence, first challan is deposited and later return is filed
Due date of Challan and Return
It depends upon state to state.
In some states, it is done monthly while in others, it is done quarterly and annually
In some states, there are more than one types of returns also
Revision of Return
In case of some mistake in the return, it can be rectified by filing revised return
State VAT Act prescribes the period during which such return can be revised