Department of Trade and Taxes
Government of NCT of Delhi
Form DVAT 02
[See Rule 5(3)]
PART - A
Application For Opting For Composition Scheme
(Only to be used by a dealer registered under Delhi Sales Tax Act or Delhi Sales tax on
Works Contract Act or Delhi Sales Tax on Right to Use Goods Act)
1. Registration No. under Delhi Sales Tax Act or
Delhi Sales tax on Works Contract Act or Delhi
Sales Tax on Right to Use Goods Act
2. Full Name of Applicant Dealer
(For individuals, provide in order of
first name, middle name, surname)
3. Nature of Business Trader Works Leasing Others (specify)
(Tick; all applicable) Contractor _______________
4. Year in which composition scheme is sought* 2 0 0 5 - 2 0 0 6
* hereinafter referred to as "current year"
5. Turnover in the preceding year (Rs.)
6. Estimated Turnover in the current year (Rs.)
7. Tax Payable on Opening Description* Tax Payable (Rs.)
Stock lying at the
(i) Trading Stock
beginning of the current
year [under section 16(6)] (Iii) Raw material
(iii) Packaging Material
(iv) Finished Goods
Total
(* Please complete Annexure 1)
8. Details of Tax paid Description*
calculated as per (7)
(i) Amount of tax paid (Rs.)
above
(iii) Date of Deposit / /
dd mm yyyy
(iii) Challan No. if any
(* Please attach original challan / proof of deposit under section 16(8))
9. Verification
I/We __________________________________________ hereby solemnly affirm and declare that the
information given hereinabove is true and correct to the best of my/our knowledge and belief and
nothing has been concealed therefrom.
Signature of Authorised Signatory _______________________________________
Full Name (first name, middle, surname) _______________________________________
Designation/Status _______________________________________
Place
Date
Day Month Year
Instructions for dealers opting for composition scheme (For details refer Section 16 and Rule 5(3)):
1. Dealers opting for the composition scheme would be liable to pay tax @ one per cent on his
turnover.
2. The application for opting to pay tax under the composition scheme has to be filed by 30th April
2005.
3. Following class of dealers are not eligible to opt for the composition scheme:
- Dealers whose turnover during the preceding year or expected turnover during the current
year exceeds fifty lakh rupees.
- Dealers procuring goods from any place outside Delhi or selling or supplying goods to any
place outside Delhi at any time during the current year.
- Dealers registered under the Central Sales Tax Act, 1956.
4. Dealers opting for the composition scheme cannot-
- make purchases of goods meant for resale from a person who is not a registered dealer under
the Act;
- issue a tax invoice;
- collect any amount of tax under the Act from customers; or
- claim input tax credit on their purchases.
5. Once the dealer has opted for the composition scheme, the option of withdrawal is available only
after the end of the year in which the option is made. Thus, dealers have to continue under the
instant scheme up to the end of the financial year and the option of withdrawal would be available
only at the beginning of next financial year. However if the turnover of the dealer exceeds fifty
lakh rupees during the year, he shall be liable to pay tax under section 3 on and from the day his
turnover exceeds fifty lakh rupees. Such dealer shall intimate the Commissioner within 7n days of
his becoming liable to pay tax under section 3.
6. The dealer opting for the composition scheme has to pay tax at rates specified in Section 4 of the
Act on the stock of trading stock, raw materials, packaging material and finished goods lying with
him on 1st April 2005, provided the goods have not suffered tax under the Delhi Sales Tax Act or
Delhi Sales tax on Works Contract Act or Delhi Sales Tax on Right to Use Goods Act.
7. The dealer opting for the composition scheme cannot claim input tax credit on the opening stock of
trading stock, raw materials, packaging material and finished goods lying with by him on 1st April
2005, on which tax has already been levied under the Delhi Sales Tax Act or Delhi Sales tax on
Works Contract Act or Delhi Sales Tax on Right to Use Goods Act.
8. Dealers would be required to retain the tax invoices and retail invoices for all his purchases as
required u/s 48 i.e. for a period of at least seven years.
Form DVAT 02
PART - B
(i) Details of Trading Stock as at 1st April, 2005 and tax payable thereon.
Rate wise details of the Purchase Value Fair Market Value* Tax Payable (Rs.)
Trading Stock (Rs.) (Rs.)
A Goods taxable at 1%
B Goods taxable at 4%
C Goods taxable at 12.5%
D Goods taxable at 20%
Carry to main
E Total form to (7)(i)
(* As at 1st April, 2005)
(ii) Details of Raw Material as at 1st April, 2005 and tax payable thereon.
Rate wise details of the Purchase Value Fair Market Value* Tax Payable (Rs.)
Raw Material (Rs.) (Rs.)
A Goods taxable at 1%
B Goods taxable at 4%
C Goods taxable at 12.5%
D Goods taxable at 20%
Carry to main
E Total form to (7)(ii)
(* As at 1st April, 2005)
(iii) Details of Packaging Material as at 1st April, 2005 and tax payable thereon.
Rate wise details of the Purchase Value Fair Market Value* Tax Payable (Rs.)
Packaging Material (Rs.) (Rs.)
A Goods taxable at 1%
B Goods taxable at 4%
C Goods taxable at 12.5%
D Goods taxable at 20% Carry to main
form to (7)(iii)
E Total
(* As at 1st April, 2005)
(iv) Details of Finished Goods as at 1st April, 2005 and tax payable thereon.
Rate wise details of the Purchase Value Fair Market Value* Tax Payable (Rs.)
Packaging Material (Rs.) (Rs.)
A Goods taxable at 1%
B Goods taxable at 4%
C Goods taxable at 12.5%
D Goods taxable at 20%
Carry to main
E Total form to (7)(iv)
(* As at 1st April, 2005)
V. Verification
I/We ____________________________ hereby solemnly affirm and declare that the information
given hereinabove is true and correct to the best of my/our knowledge and belief and nothing has been
concealed therefrom.
Signature of Authorised Signatory ______________________________________
Full Name (first name, middle, surname) ______________________________________
Designation/Status ______________________________________
Place
Date
Day Month Year
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