Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: due date for vat payment :: cpt :: articles on VAT and GST in India :: form 3cd :: VAT Audit :: TDS :: list of goods taxed at 4% :: empanelment
VAT (Value Added Tax) »
 Cenvat Credit Rules, 2017 III Part
 VAT phased out in TS
 Cenvat Credit Rules, 2017 II Part
 Cenvat Credit Rules, 2017 – Part I
 How much do you know about VAT as a taxpayer?
 New tax structure not higher than VAT
 Cos will be reimbursed for exemptions that currently exist in the VAT regime
 GST will get states more than VAT
 Is it a modified Value Added Tax?
 GST regime: VAT Commissioner and CBEC to work with businesses
 Amendments in the Second Schedule appended to the Act (Delhi Value Added Tax Act, 2004)

In partial modification to this department's Circular No. 30 of 2015-16
January, 28th 2016
               VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110 002

   No. F.3(5~6)/PolicylV AT/20151 ~    -6   6 -"1--                            Dated:  
                              CIRCULAR NO.              OF 2015-16

     In partial modification to this department's Circular No. 30 of 2015-16 issued vide
 No.F.3(556)/PolicylV AT/2015/1028-34 dated 18/11/2015, the conditions specified for issuance of
 statutory forms under the Central Sales Tax Act, 1956 at para No.4 stand modified as under:-

     "The facility of auto-downloading of the forms shall not be available to the dealer for the tax
 period in cases in which the ratio of sale to purchase, including stock transfer and local
 transactions, falls below 45%. The statutory forms in such cases shall be available for auto-
 downloading on the basis of sale and purchase of next quarter. In other words, ratio of sale to
 purchase shall be worked out for both the quarters cumulatively. If the ratio still falls below 45%,
 then forms shall be allowed to be downloaded' on the basis of sale to purchase ratio of third
 quarter and so on. The purchase of capital goods· shall be kept out of the proposed mechanism
 which shall be available only to eligible dealers. The download of forms shall also be further
 subject to the following checks/in addition to conditions laid down in the aforesaid Rules:

      I. Items should be allowed on the R.C.
      2. The dealer for whom forms are obtained should not be cancelled dealer.
      3. There is no adverse material on record".

      Rest ofthe contents of the above said Circular shall remain the same.

      This issues with the prior approval of Commissioner, Value Added Tax.
                                                                                  (R. K. Mishra)
                                                                       Spl. Commissioner (Policy)

No.F.3( 556 )/PolicyIVAT/2015/1CS    6'6---=t-)                         Dated:    
 Copy forwarded for information and necessary action to:
 I.'  All Spl./Addl./Joint Commissioners, Department of Trade and Taxes, GNCT of Delhi,
      Vyapar Bhawan LP.Estate, New Delhi-02.
V-Dy. Dire~licy),            De~.        of Trade and T~               of Delhi, Vyapar Bhawan,
      I.P~,      New Delhi-Or      .
.J,   Programmer (EDP), Department of Trade and Taxes, GNCT of Delhi, Vyapar Bhawan,
      LP.Estate, New Delhi-02 for uploading the circular on the website of the department.
4.     The President/General Secretary, Sales Tax Bar Association (Regd.), Vyapar Bhawan,
      LP.Estate, New Delhi.
5.    All Assistant Commissioners/ AVATOs Department of Trade and Taxes, GNCT of Delhi,
      Vyapar Bhawan, LP.Estate, New Delhi-02.
6.    PS to the Commissioner, VAT       Department of Trade and Taxes, GNCT of Delhi Vyapar
      Bhawan, LP.Estate, New Delhi-02.
7.    Guard File.      .

                                                                 Assistant Commissioner (Policy)
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Customer relationship management software CRM software Operational CRM Collaborative CRM

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions