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of <h1>Delhi Denotifies Banks from Collecting VAT and Sales Tax; Compliance Deadline Set for September 30, 2005.</h1> The Commissioner of Trade and Taxes in Delhi has denotified several banks from collecting VAT, Sales Tax, Central Sales Tax, and Works Contract Tax dues from dealers registered under the Delhi Value Added Tax Act, 2004, effective from September 30, 2005. The affected banks, including State Bank branches and others, must remit their tax collections to the Reserve Bank of India by this date to prevent revenue loss to the Delhi government. The Reserve Bank is instructed to ensure compliance and not accept remittances from these banks without departmental permission post-September 30, 2005.
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