REGISTERATION UNDER DVAT

[S.C. WADHWA]

A Manufacturing company named XYZ Ltd. amalgamated
with another company named ABC Pvt. Ltd.. As a result, name of
XYZ Ltd. become XYZ (A Division of ABC Pvt Ltd.).

XYZ Ltd. has a depot in Delhi registered under Dvat for which
amendment has been made online.

Query is Whether we have to submit hard copy of
documents also for registeration.

If yes, which documents and till what time to file.

[DR.MARIAPPAN GOVINDARAJAN]

It is not required to submit hard copy.

[Kailash Singhal]

d/s

it is better to submit dvat 7 -- annexure 1 with photo and other details of new director and details of retiring directors and authrosied signatory so outgoing directors not to be held responsible in future

also it is better to submit dvat 7 for addition of new items which to be traded or manufactured and dvat 7 annexure ii for addition of branches with cst reg certificate copy of other states to obtain form f in future without hassel

no vat tax to be levied due to transfer of business as whole refer sepctra botteling case

regards

ca kc singhal , silvassa

AI Summary

Registration under DVAT: electronic amendment generally suffices, but submit DVAT annexures and supporting documents to update director and branch records.
Online amendment suffices for DVAT registration after amalgamation and physical submission is not mandatory; nevertheless, it is advisable to submit DVAT annexures (DVAT 7 and annexures) with photos and details of incoming and retiring directors and the authorized signatory, file DVAT 7 for added items, and attach CST registration certificates for branch additions to facilitate future Form F procurement. The exchange also observes that transfer of business as a whole typically does not attract VAT, by reference to case law.