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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« VAT (Value Added Tax) »
 Filing of online return for 4th quarter of 2017-18 extension of period thereof.
 No Cenvat credit admissible on outward transportation services from factory to buyer’s premises
  Filing of reconciliation return in form 9 for the year 2016-17
 Govt may send notice to 162 companies; ask for VAT returns
 Cenvat Credit Is Not Income Liable To Be Taxed
 Cos wanting to claim VAT refund on employees' foreign stay can get professional help
 Regarding disposal of pending form DVAT 04 & 07 Form Applications
 Disposal of pending Form DVAT 04 & Form DVAT 07 applications: regarding
 Cenvat Credit Rules, 2017 III Part
 VAT phased out in TS
 Cenvat Credit Rules, 2017 II Part

Procedure to further streamline the matching of Annexure 2A and 2B - Comments of all stakeholders are invited upto 20/7/2015.
July, 15th 2015

GOVERNMENT OF NCT OF DELHI

DEPARTMENT OF TRADE & TAXES

VYAPAR BHAWAN, NEW DELHI

No. F-SYS/14-15/27/4111

CIRCULAR NO. 14

Dated 09/07/2015

It is hereby informed to all concerned that department proposes to further streamline the matching of Annexure 2A and 2B as per the following procedures. Comments of all stakeholders are invited upto 20/07/15 before finalization of the same (as directed by DVAT)

1)    To block all the matching entries of Annexures b of the selling dealer and Annexure  2A of the purchasing dealer, after filling of their return.

2)    To blocked entries shall not be allowed for revision by either of the dealers  (selling/purchasing dealer).

3)    Mismatch of 2B-2A

Before filling of return for any tax period, the dealer furnishes a declaration in respect of the "mismatch occurs on account of the sales shown by him in the previous quarter( (where the purchaser had shown a greater ITC than the output  tax shown by the selling dealer in his respect).

4)   Mismatch of 2A-2B

Before filling of return for any tax period, the dealer furnishes a declaration in respect of the "mismatch occurs on account of the purchases shown by him in the previous quarter (where the seller had shown less sales than the input tax taken by the purchasing dealer in his respect).

5)    To enforce the dealer to mandatorily furnish the above declaration in respect of its previous returns, before it could proceed for current tax period return.

6)    To enforce the dealer to furnish revised return of preceding tax period, in case the sales and purchases related entries are accepted by him in his declaration.

7)  To carry out assessment of the purchasing dealer on account of Annexure 2A/2B  mismatch after the seller disowns the sales made to the purchaser.

Additional Commissioner (System)

Copy to , :'

,

  1. All the Special Commissioners, Addl. Commissioners and Joint Commissioners, Department of Trade & Taxes, GNCT Delhi.
  2. Joint Director (IT) for wide publicity through website
  3. President/ Secretary, Sales Tax Bar Association Vyapar Bhawan IP Estate New Delhi  

Additional Commissioner (System)

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

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