VAT reconciliation returns must report statutory forms; missing forms can trigger system-generated default assessments and tax computation. The Systems Branch auto-generated default assessments for dealers with central concessional sales in 2010-11 who failed to declare receipt/status of central statutory forms in prescribed returns; tax was assessed based on declared rates or at 12.5% where undeclared. Form 9 mandates annual reconciliation of interstate sales/stock transfers against statutory forms, prescribes reporting of forms received and pending, and sets tax computation rules including DVAT rates when form C is missing and 2% where C is received but E I/E II are not. Dealers may seek review from the Assessing Authority with documents.
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Provisions expressly mentioned in the judgment/order text.
VAT reconciliation returns must report statutory forms; missing forms can trigger system-generated default assessments and tax computation.
The Systems Branch auto-generated default assessments for dealers with central concessional sales in 2010-11 who failed to declare receipt/status of central statutory forms in prescribed returns; tax was assessed based on declared rates or at 12.5% where undeclared. Form 9 mandates annual reconciliation of interstate sales/stock transfers against statutory forms, prescribes reporting of forms received and pending, and sets tax computation rules including DVAT rates when form C is missing and 2% where C is received but E I/E II are not. Dealers may seek review from the Assessing Authority with documents.
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