Goods and Services Tax : The Court held that a genuine buyer cannot lose ITC merely because the seller failed to deposit tax. The key takeaway is that liab...
Goods and Services Tax : SC ruled a bona fide buyer cannot be denied ITC under DVAT Act if seller defaults on depositing tax. The remedy is against default...
Goods and Services Tax : The Supreme Court affirmed that an innocent buyer cannot be denied ITC solely due to the seller's failure to remit tax or file ret...
Goods and Services Tax : High Court of Delhi held Section 9(2)(g) of Delhi VAT Act to the extent it disallows Input tax credit to purchaser due to default ...
Income Tax : Application for allotment of Permanent Account Number(PAN) will be filed in SPICe (INC-32) form using Digital Signature of the app...
Goods and Services Tax : Department has decided to hire services of an experienced agency, for collecting, processing and creating electronic database in ...
Goods and Services Tax : The India International Trade Fair (IITF) shall be held from 14-11-2015 to 27-112015 at Pragati Maidan, New Delhi. Registered de...
Goods and Services Tax : It has been decided to introduce a reward scheme for informers providing vital inputs in order to check and detect value added tax...
Goods and Services Tax : As per the section 48 and Rules 42 & 19 of Delhi VAT Act & Rules, you are also required to maintain and retain prescribed records ...
Goods and Services Tax : Buy goods from a trusted seller who files return and thereby pays due tax collected from you. Mere 2B statement filing by selling ...
Goods and Services Tax : SC ordered Department to comply with High Court directions and issue C-Forms and F-Forms after verification of indemnity bonds, le...
Goods and Services Tax : Delhi High Court permitted petitioner to rectify DVAT returns for first quarter of 2013-14 by filing revised return for said perio...
Goods and Services Tax : Delhi High Court rules bona fide purchasers cannot be denied Input Tax Credit due to seller's tax default; cites Article 14....
Goods and Services Tax : Delhi High Court examines constitutional validity of DVAT Act Section 9(2)(g), impacting Input Tax Credit claims due to selling de...
Goods and Services Tax : Delhi High Court rules Section 9(2)(g) of DVAT Act unconstitutional, asserting it violates rights by denying input tax credit to b...
Goods and Services Tax : Discover how the Department of Trade and Taxes in Delhi addresses concerns raised by the Sales Tax Bar Association regarding recti...
Goods and Services Tax : Get insights into the Government of National Capital Territory of Delhi's Department of Trade and Taxes' latest policy instruction...
Goods and Services Tax : Concerned GST refund sanctioning authority shall ensure that all GST refund applications are processed and decided within the pres...
Goods and Services Tax : under Section 54 of the DGST Act, 2017, taxpayer can claim the refund of any payment and interest before the expiry of two years f...
Goods and Services Tax : It has recently come to notice that, An account was de-freezed on the basis of the letter signed by the Ward In-charge, whereas it...
In partial modification to this department’s Circular No.7 of 2013-14 on the subject cited above, and in exercise of the powers conferred under Rule 49A of DVAT Rules, 2005, the last date of filing of return, excluding Annexure 2C and Annexure 2D, for the quarter ending 30/06/2013 for dealers, including composition dealers, is extended to the following dates:
In partial modification to this department’s Circular No.8 of 2013-14 on the subject cited above, and in exercise of the powers conferred under Rule 49A of DVAT Rules, 2005, the last date of filing of return, for the quarter ending 30/06/2013, is extended to the dates as per schedule given below:
Sub: Clarification on DP-1 The dealers who have submitted Form DP-1 without purchase commodities in the pre-revised Form DP-1 have the option to edit the Form DP-1 and submit the details of commodities purchased by them. Further, they can also edit the details of the commodities for sale, otherwise the commodity list submitted earlier would be treated as if these commodities are for sale. The last date for editing the said form is 26.08.2013.
In partial modification of Notification No.F.7(43 3)/Policy-II/VAT/20 1 2/Part File/353- 364 dated 28/06/2013, I, Prashant Goyal, Commissioner, Value Added Tax, in exercise of the powers conferred on me under sub-section(1) read with sub-section (3) of section 70 of Delhi Value Added Tax Act, 2004, do hereby extend the date for filing of stock statement in Form Stock-1 online for the stock available on 31st March, 2013 to the following date:
In continuation of the earlier order No. F.7/T&T/PB/SCTT(PR/Coordn.)/ dated 24th July, 2013 issued in the said connection, the Government of NCT of Delhi has been pleased to add the names of following Trade Bodies / Associations to make the Delhi Trade Board more representative:
In partial modification of Notification No No.F.7(400)/Policy/VAT/201 1/383-396 (dated 05.07.2013, regarding procedure of offline payment of tax, interest and penalty or any other amount due under the Delhi Value Added Tax Act, 2004, and in exercise of the powers conferred under sub rule (2) of Rule 31 of Delhi Value Added Tax Rules, 2005,
Form T-2 was prescribed for dealers (except the dealers exclusively dealing in tax free goods) whose gross turnover exceeded Rs. 10 crore during the year 2011-12 or any future date on which the dealer attains the lower limit of GTO of RS.10 Cr., vide notification No. F.7(433)/Policy-II/VAT/2012/180-190 dated 17.05.2013. to file online information on the goods being imported, but before entry of such goods, into the Territory of Delhi;
He submitted that prior to amendment in entry no. 98 of Schedule III appended to DVAT Act, 2004 ‘cups and glasses both made of paper and plastics’ were included. However, with effect from 21.06.2012 the word ‘plastics’ was deleted from entry no. 98 and due to the said amendment ‘cups and glasses of plastic’ are taxable at the rate of 12.5% as unspecified general item.
The applicant is actively involved in the manufacturing and sale of steam radiators, which are used in dye industries and laundries in hotels for drying. He further stated that his client is charging 12.5% rate of VAT on the sale of this item whereas others manufactures of the said item are charging 5% rate of VAT on the pretext that the steam radiator is an industrial input, which is indirectly affecting his client’s business.
In order to facilitate the filing of online return in Form DVAT-48 by the TAN holders, in exercise of the powers conferred under Rule 49A of the DVAT Rules 2005, the last date for filing of return for the quarter ending 30/06/2013, shall be as per the schedule given below:-
