Sunday, May 29, 2016

Statutory Complaince Chart for June 2016

The business entity such as Proprietary Concerns/Partnership Firms/ LLP/ AOP/HUF/ Companies, etc. has to follow various statutory compliances monthly/quarterly/half-yearly/annually, as the case may be.
For the benefit of all and timely compliances related to various laws applicable to be followed for the June 2016 month (May 2016 Commitments) are listed as below:
Due Date
Category
Description
06-06-2016
Central Excise (Refer Note 1)
Payment of Excise Duty for all Assesses (including SSI Units)
06-06-2016
Service Tax (Refer Note 1)
Service Tax Payment for Month May
07-06-2016
TDS/TCS
TCS payment for May
07-06-2016
TDS/TCS
TDS Payment for May
07-06-2016
Income Tax
Form 15G/H submission received in May
07-06-2016
Income Tax
Last date of submission of declaration i.e., for no TCS
 u/s 206C(1A) obtained from manufacturer to the
Commissioner/Chief Commissioner of Income Tax as
the case may be.
07-06-2016
Income Tax
Payment on transfer of certain immovable property
other than agricultural land
10-06-2016
Central Excise (Refer Note 1)
Filing ER-1 Return (Other than SSI Units)
10-06-2016
Central Excise (Refer Note 1)
Filing ER-2 monthly return by 100% EOU
(removing goods in domestic tariff area)
10-06-2016
Central Excise (Refer Note 1)
Filing monthly ER-6 Return by specified class of Assesses
regarding principal inputs.
10-06-2016
Central Excise (Refer Note 1)
Exports – Procurement of specified goods from EOU for use
in manufacture of Export goods in Form Ann-17B for DTA units,
procuring specified goods from EOU for manufacture of export
goods.
10-06-2016
Central Excise (Refer Note 1)
Proof of Exports in form Ann.-19, once in a month for all
exporters, exporting goods under Bond
10-06-2016
Central Excise (Refer Note 1)
Export detains in Form Ann.-20, for Manufacturing following
simplified export procedure
10-06-2016
Central Excise (Refer Note 1)
Removal of excisable goods for specified use at concessional
rate of duty in terms of Rules described in Col. 4.
15-06-2016
Provident Fund (includes EDLI)
PF Payment for May
15-06-2016
Income Tax
Payment of First Installment of Advance Tax by all Assesses in
Challan 280 AY 17-18
20-06-2016
VAT/CST
E-Filing of Returns and Payment of Vat for the month of May
(Mode of payment - other than E-Payment)
21-06-2016
ESIC
ESIC Payment and Return for May
22-06-2016
VAT/CST
Monthly Payment for May if preferred E-Payment.
22-06-2016
Income Tax
Due date for issue of TDS Certificate for tax deducted under
Section 194-IA in the month of May, 2016
25-06-2016
ESIC
Monthly – Consolidated Statement of dues and remittance under
EPF Scheme, 1952, EPS 1995 and Employees’ Deposit Linked
Insurance Scheme, 1976 of the previous month to which the dues
relate.
25-06-2016
Provident Fund (includes EDLI)
PF Return filing for May (including pension and insurance scheme
forms)
30-06-2016
Central Excise (Refer Note 1)
Particulars relating to clearances, electricity load etc. in Form
Ann. – 4, exceeding the limit of Rs. 90 lakhs of exempted
clearances for Small scale units availing exemption and whose
turnover exceeds or has exceeded Rs. 90 lakhs in a financial year,
as the case may be.
30-06-2016
Profession Tax ( Tax Liability > = 50000 or in case of First Year of Registration)
Payment and Return of May
30-06-2016
Profession Tax ( Tax Liability > = 50000 or in case of First Year of Registration)
Payment of PTEC by person who stands enrolled for first time
before the commencement of a year or is enrolled on or before
31st May of a year and by person who is enrolled after the
31st May of a year for the first time and by already registered
PTEC holders
30-06-2016
Income Tax
Return in respect of securities transaction tax for the financial
year 2015-16
30-06-2016
Income Tax
Quarterly return of non-deduction of tax at source by a banking
company from interest on time deposit in respect of the quarter
ending March 31, 2016
30-06-2016
Income Tax
Report by an approved institution/public sector company under 
Section 35AC(4)/(5) for the year ending March 31, 2016
30-06-2016
Income Tax
Due date for furnishing of statement of income distributed by
business trust to its unit holders during the financial year 2015-16.
This statement is required to be furnished to the unit holders in
form No. 64B [As prescribed under Rule 12CA inserted by the
Income-tax (First Amendment) Rules, 2016, w.e.f. 19-1-2016.]
30-06-2016
Income Tax
Return of tax deduction from contributions paid by the trustees of
an approved superannuation fund
30-06-2016
Income Tax
Particulars under the third proviso to section 194C (3)(i) to be
furnished by a contractor responsible for paying any sum to such
sub-contractor shall be in Form No. 15J. – A copy shall be
furnished before Commissioner of Income Tax for the Financial
Year ending March 31.
30-06-2016
Luxury Tax Act
Monthly Return of May
Notes:
1. Excise and Service Tax : One day grace is allowed for payment of Excise / Service Tax in e-mode and Next working day will be considered as due date, if the due date falls on Holiday/Sunday. However, for Excise previous working day to be considered.E-Payment will be considered valid up to 8:00 pm of the respective day.