image

DVAT Notification Regarding Form T-2

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY)
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI
DEPARTMENT OF TRADE AND TAXES
VYAPAR BHAWAN – I.P. ESTATE, NEW DELHI-110 002

No.F.7(433)/Policy-IIIVAT/2012/ 530-541                                                                                                                                                Dated: 29-07-2013

NOTIFICATION

In exercise of the powers conferred. under sub-section (1) read with sub-section (3) of section 70 of Delhi Value Added Tax Act, 2004, 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 orany.future date on which the dealer attains the lower limit of GTO of RS.10 Cr., vide notification No. F.7(433)/Policy-111VAT/2012/180-1’90 dated 17.05.2013. to file online information on the goods being imported, but before entry of such goods, into the Territory of Delhi;

However, during implementation of the said notification, concerned stakeholders have made several representations expressing difficulties. in the procedure of filling the Tc2 form in the manner notified. Hence, to improve the process of seeking of information regarding receipt of goods, suggestions are invited from all dealers till 30/09/2013 on how to streamline the process of filing of information in Form T-2 by all VAT dealers, before the goods enter the territory of Delhi.

Now, therefore, in exercise of the powers conferred under the above said provisions, I, Prashant Goyal, Commissioner, Value Added Tax, do hereby keep the said notification, and other notifications relating to modalities concerning filing of Form T-2, in abeyance till further orders.

This notification shall come into force with immediate effect.

(Prashant Goyal)
Commissioner, Value Added Tax

Tags: CommissionerDelhiDelhi Value Added Tax ActGTOIndiaNew DelhiPrashant GoyalValue Added Tax

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates