Soon, filing of returns will become much more easier for the value added tax (VAT) for citizens of Pune (India).
The Sales Tax division of Pune will soon introduce the facility for online filing of VAT returns in two months, so that e-filing facility will become easier for citizens. The department has hired services of Hyderabad-based Electronics Corporation of India (ECI) Limited for developing the software required for facilitating e-filing of returns. The service will benefit more than 60,000 VAT dealers in the city. Next to Mumbai, Pune is the largest contributor of VAT to the state coffers. While Mumbai's annual contribution is in the range of INR 11,000 to INR 12,000 crore, Pune contributes over INR 3,500 crore.