Aam Aadmi Party Government
Simplifies VAT Filing System
The Aam Aadmi Party (AAP) government on 31 December decided to
simplify filing of the Value Added Tax (VAT) by the traders which has been a
long standing demand by various traders' associations of the city.
This was decided at a Cabinet meeting
presided over by Chief Minister Arvind Kejriwal in Delhi.
Talking to reporters, Mr Kejriwal said, "The Cabinet has decided to simplify
filing of the VAT by the traders as demanded by them."
Various traders' associations have been
demanding the simplification of the VAT system.
He also announced extending the date to
file the Form AR1 by the traders till January 31. Every registered dealer is
required to get his accounts audited as per Delhi VAT Act and need to furnish
audit report in Form AR1.
In its election manifesto the AAP had
promised to simplify the VAT tax system.