Composition scheme opt-in deadline extended; eligible dealers must file Form DVAT-02 and declare opening stock to opt. Persons eligible under the elective tax provisions who elect to pay tax under the composition mechanism must, on or before 25th July of the year of commencement, file Form DVAT-02 stating their intention to pay under the composition provisions and provide particulars of trading stock, raw material, packaging material and finished goods held on the commencement date and liable to tax under the composition rules.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Composition scheme opt-in deadline extended; eligible dealers must file Form DVAT-02 and declare opening stock to opt.
Persons eligible under the elective tax provisions who elect to pay tax under the composition mechanism must, on or before 25th July of the year of commencement, file Form DVAT-02 stating their intention to pay under the composition provisions and provide particulars of trading stock, raw material, packaging material and finished goods held on the commencement date and liable to tax under the composition rules.
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