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of <h1>Business Receives Notice for Outstanding VAT Payment; Non-Compliance Could Lead to Auction of Seized Goods</h1> The Department of Trade and Taxes, Government of NCT of Delhi, issues a notice (Form DVAT-29) to a business entity in New Delhi, requiring payment of outstanding value-added tax, interest, penalties, and other dues within fifteen days. The notice details the amounts owed under specific reference numbers and mandates payment to the appropriate government treasury. Failure to comply within the stipulated period may result in the public auction of seized goods. The business must provide a receipted treasury challan to redeem the goods in possession of the Commissioner. The notice emphasizes quoting the Registration Number/TIN in all communications.
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