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    <title>Amendments by Delhi Value Added Tax (Second Amendment) Act, 2012 – Sections 2, 9, 10, 28, 36A, 38, 49, 50, 66, 70, 73, 82 and 86 .</title>
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    <description>The amendments impose a reduction in input tax credit where goods purchased in Delhi are exported by sale under Section 8(1) of the Central Sales Tax Act, 1956, and harmonise export exceptions in Section 10. Taxpayers must revise returns within the year following the tax period and pay any tax shortfall with interest; transitional deadlines are set for certain years. Refund processing is linked to filing prescribed Central Sales Tax forms, the Commissioner may notify invoice numerical series and formats, turnover reporting thresholds and reporting modes are prescribed, penalties and fines are increased, Company Secretaries are added as authorised representatives, and benches for the Tribunal may be constituted by notification.</description>
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    <pubDate>Fri, 15 Jun 2012 00:00:00 +0530</pubDate>
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      <description>The amendments impose a reduction in input tax credit where goods purchased in Delhi are exported by sale under Section 8(1) of the Central Sales Tax Act, 1956, and harmonise export exceptions in Section 10. Taxpayers must revise returns within the year following the tax period and pay any tax shortfall with interest; transitional deadlines are set for certain years. Refund processing is linked to filing prescribed Central Sales Tax forms, the Commissioner may notify invoice numerical series and formats, turnover reporting thresholds and reporting modes are prescribed, penalties and fines are increased, Company Secretaries are added as authorised representatives, and benches for the Tribunal may be constituted by notification.</description>
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