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<h1>Dealer Faces Default Assessment for Incorrect Returns Under Section 32 of Delhi VAT Act, Must Pay and Report by Deadline.</h1> The Department of Trade and Taxes, Government of NCT of Delhi, has issued a Notice of Default Assessment under Section 32 of the Delhi Value Added Tax Act, 2004, to a dealer. The notice states that the dealer failed to submit returns or submitted incomplete or incorrect returns. The dealer is required to pay a specified amount and provide payment details using Form DVAT-27A by a given deadline. The notice includes a breakdown of the tax period, reported and assessed turnover, reported and assessed tax, additional tax due, interest, and the total amount payable.
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