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of <h1>Eligible Drug Dealers in Delhi Can Apply for Composition Scheme Under VAT Act Section 16(12)</h1> This application form is for eligible drugs and medicine dealers in Delhi opting for the composition scheme under section 16(12) of the VAT Act. It requires the dealer's TIN, full name, address, and the year for which the scheme is sought. Applicants must provide their turnover from the previous year and estimate for the current year. The form includes sections to report tax payable on opening stock, fair market or purchase value, and details of tax paid, including amount, deposit date, and challan number. It concludes with a verification statement requiring the applicant's signature and details.
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