Goods and Services Tax - Page 989

Delhi VAT : Delegation of Powers regarding refunds

Order No. No. F.6(7)/DVAT{L&:J/20l3-14/727 (25/11/2013)

The existing orders of delegation of powers provided that the AC (VAT)/AVATO shall issue refund order after obtaining the prior approval of the Zonal incharge where the amount of refund is above Rs.2.5 lees and upto Rs.10.00 lacs. If the amount of rebind is more than Rs.10.00 Lies, prior approval of the Special Commissioner (Refund) is re...

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Delhi VAT : FAQs on Checking of Vehicles & Modalities for Enforcement-II Branch

This Article Covers the statutory Provisions related to the following topics under Delhi Value Added Tax Act, 2004 & Central Sales Tax Act, 1956 :- FAQs on Checking of Vehicles Undertaking form for claiming goods with genuine bills before release of vehicles Statutory Provisions related to Goods vehicles & transporters und...

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MVAT: Correction of dealers mistakes or excess payment refund

Trade Circular No. 7T of 2013 (25/11/2011)

The payment of tax under MVAT Act, 2002 and CST Act, 1956 by way of e-payment was made mandatory from March, 2011. It has been reported to this office by some of the dealers and the Banks that they made certain mistakes while making e-payment. ...

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Delhi VAT – Filing of online return for 2nd quarter of 2013-14 – extension of period thereof

Circular No. 26 of 2013-14 (20/11/2013)

Extend the last date of online filing of second quarter return for the year 2013-14, in Form DVAT-16 ,DVAT-17 and DVAT-48 along with required annexures, and submission of hard copy alongwith required enclosures as per schedule given below:...

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Delhi VAT- FAQs- enforcement survey/inspection of business premises

Surveys are conducted to verify whether all transactions being made by a dealer are being faithfully reported by the dealer and whether due tax is being deposited on all such transactions. Under section 59 of the DVAT Act, 2004...

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Tamilnadu VAT : Reduction in Set off, Transit Pass & CST Sales

Amendment of Section 19- Whenever CST sale is made under Section 8(1) of the CST Act, 1956, the proviso to Section 19(2)(v) as amended seeks to restrict the [ITC] input tax credit by providing that credit shall be allowed in excess of 3%. ...

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Delhi VAT: Delegation Of Powers Vested In Commissioner (VAT)

Order No.F.6(7)/DVAT/L&J/2013-14/748 (12/11/2013)

Delhi Value Added Tax Rules, 2005 do hereby delegate my powers specified in column Nos. 3 under Section mentioned in column no. 2 to the Officers specified in column 4 of the table appended below and direct that these officers shall exercise the powers and perform the duties concomitant with such powers, within their respective jurisdicti...

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Delhi VAT : Last date to file 2nd quarter return for dealers with turnover exceeding 10 Crores extended to 20.11.2013

Circular No. 24 of 2013-14 (11/11/2013)

Commissioner, Value Added Tax, do hereby extend the last date of online filing of second quarter return for the year 2013-14, in Form DVAT-16 and DVAT-17, alongwith required annexures, and submission of hard copy of acknowledgement in Form DVAT-56, as per schedule given below:...

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Delhi VAT – Due date extended to file Audit report in Form AR-I for the year 2012-13

Notification No. F.3(384)/Policy/VAT/2013/942-953 (07/11/2013)

In exercise of the powers conferred under Section 49 and 70 of the Delhi Value Added Tax Act, 2004 read with Rule 42A of the Delhi Value Added Tax Rules, 2005 hereby extend the date of filing of the said report to 02/12/2013 instead of 15/11/2013....

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Delhi VAT – Further Clarifications for filing online return

Circular No. 23 of 2013-14 (07/11/2013)

Block R10 of CST return filed in Form 1 is part of the return. For the convenience of dealers relaxation for filing the said block by 30th November, 2013 for the year 2009-10 and 31st December, 2013 for other years have been given for 2nd quarter return of 2013-14 only. ...

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Goods and Services Tax India

The Goods and Services Tax or better known as GST is a Value added Tax and is a comprehensive indirect tax which is levied on the manufacture, consumption, and sale of goods and services. The Goods and Services Tax in India would replace all the indirect taxes which are levied today on goods and services by the Central and the State governments. GST is intended to be comprehensive for most of the goods and services. Goods and Services Tax is a single indirect tax for the entire nation, which would make India a unified market. It is proposed to be a single tax on supply of goods and services, from a manufacturer to the end consumer. The credit of all the input taxes which are paid at each and every stage would be allowed in the following stages of value addition that makes GST basically a tax on value addition only at every stage. The end consumer would have to bear only the Goods and Service Tax which is charged by the final dealer within the supply chain, together with all the set-off benefits availed at previous stages.

At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.