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<h1>Dealer Withdraws from Composition Scheme via Form DM 02 under Section 16(12), Provides Turnover and Tax Credit Details</h1> A drugs and medicine dealer has submitted Form DM 02 to the Department of Trade and Taxes, Government of NCT of Delhi, to notify their withdrawal from the composition scheme as per section 16(12). The form requires details such as the dealer's TIN, full name, address, the year of withdrawal, turnover from the previous year, reasons for withdrawal, and input tax credit details on opening stock. The applicant must sign and verify the accuracy of the information provided, affirming that it is true and complete.
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