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All the businesses registered under KRA VAT need to file VAT return on a monthly basis. In our previous article ‘KRA VAT returns’ we have discussed VAT Return Form-3 and the details to be mentioned in the VAT Return Excel Format. In this article, we will discuss about steps involved in filing VAT return in the iTax portal.
Broadly, filing VAT return is a 4-step process. First, you need to download the latest VAT return Excel format, next you need to complete the excel format by mentioning details in relevant sheets, then generate the zip file and finally, upload the zip file into the iTAX portal.
Let us understand the step-by-step process to file VAT returns in iTAX Portal.
The first step in the process of filing VAT return is to download the VAT return excel template. To download the VAT return excel format, follow the steps given below:
In the next screen, select the department as ‘Domestic Taxes’ and Category as ‘VAT’. Then proceed to download the VAT return Excel format by clicking ‘Save button’ as shown in the below image.
Occasionally, the VAT return excel format will undergo changes and the updated file will be available for download along with the date. Therefore, the taxpayer should always look for the last updated date and download the latest file.
Alternatively, you can also download the VAT return Excel format by login to iTax portal-> Returns ->File returns -> VAT ->
The downloaded VAT return excel format consists of 14 Sheets in which the details need to be mentioned by the taxpayers. The details of your Sales and purchases need to be mentioned in the prescribed format. An important point to be noted here is that the VAT return excel format does not allow you to copy and paste details. You need to manually enter.
Return filing process will be easier for businesses using accounting software with the capabilities to auto-capture the details into the VAT return excel format. Else, it takes a lot of efforts and time to complete the VAT return format.
To know more about the details to be mentioned in the VAT return excel format, please read our article ‘KRA VAT returns’
Once the required details are captured in the VAT return excel format, Click ‘Validate’ option available in the last sheet ‘O_VAT’ of excel template.
If there are any errors, it will display the error message and take you to the sheet in which all the error messages are captured. You need to rectify the errors and again validate the details. If there are no errors, it will generate the zip file which needs to be uploaded.
The final step in filing VAT return in the iTax portal is to upload the zip file. To upload the zip file into the iTax portal, follow the steps given below:
On submitting the VAT returns, an e-return receipt will be generated with message 'Return Submitted Successfully' along with acknowledgement number as shown in the below image.