VAT is a multi-point destination based system of taxation, with tax being levied on value addition at each stage of transaction in the production/ distribution chain.

The State Governments, through Taxation Departments, are carrying out the responsibility of levying and collecting VAT in the respective States.

At present, there are 2 basic rates of VAT, namely, 4 per cent and 12.5 per cent, besides an exempt category and a special rate of 1 per cent for a few selected items. 

For filing of VAT Return on quarterly basis, you need to provide:

1. Scanned copy of Invoices (Payments and Reciepts)
2. Tally data for the quarter

Depending on the complexity of your VAT Return, on an average it takes 6-7 working days to successfully file your ITR with the Income Tax Department