ABSTRACT
Value Added Sales Tax Information System (VASTIS) is an IT solution for the Value Added Tax (VAT) System. It is a software product which aims for the automation of the APVAST Act, which was passed in Andhra Pradesh state Assembly.
Value Added Tax is a tax that applies to all commercial activities involving the production and distribution of goods and the provision of services. It is a consumption tax, borne ultimately by the final consumer. It is charged as a percentage of prices.
It is collected fractionally, via a system of deductions whereby taxable persons (i.e., VAT-registered businesses) can deduct from their VAT liability the amount of tax they have paid to other taxable persons on purchases for their business activities. This mechanism ensures that the tax is neutral regardless of how many transactions are involved.
This project benefits the citizens with greater transparency, convenience, timeliness, responsiveness and lower overall costs. For the governments, the main benefits are the greater trust that the citizens will repose and the cost-savings achieved by these services. For the commercial organizations, the benefits will accrue from their effectively seizing the opportunity for some outsourced services and new marketing opportunities.
EXISTING SYSTEM:
State of Andhra Pradesh is organized as having More than 100,000 dealers, who deal in 200+ different commodities. 182 different circles, handling VAT registration request, appeals, inspections, payments, returns & assessments. And 21 divisions, dealing with registration authorization, audits, appeals & investigations through this system.
The Manual Processing Cost:
- There are more than 60 notices to be generated for different processing requirements.
- More than 80 forms per dealers.
- More than one tax rate for 200+ commodities.
Doing these manually creates:
- Delay in registration, processing & Intimation process.
- Lack of customized information as per requirements information at the functional units of CTD (circles, divisions, check posts).
PROPOSED SYSTEM:
- IT enabling the services:
Government of AP realized the need of hour is to IT enable the Tax Administration to maximize tax revenue by
- Improving operating efficiency by empowering efficiency by automating the complex tax payable calculations.
- Avoiding delays, by automating the workflow (acknowledgement-data entry-processing-decision making).
- Improving dealer servicing using dealer friendly services at the time of registration return processing & interactions with CTD.
SOFTWARE REQUIREMENTS:
• Web Technologies : HTML, CSS, JS. JSP
• Programming Language : Java
• Database Connectivity : JDBC
• Backend Database : MySQL
• Operating System : Windows 08/10
HARDWARE REQUIREMENTS:
• Pentium processor : Core I3
• RAM Capacity : 2GB
• Hard Disk : 250GB
• Monitor : 15’’ Color Monitor