Bank of India and its specified branches to collect Sales Tax and Value Added Tax

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....NALCAPITALTERRITORY OF DELHI OFFICE OF THE COMMISSIONER, VALUE ADDED TAX VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 NOTIFICATION No.F.27(95)/P-I/05/CST/PF/2006-07/2952 Dated : 6/10/06 No.F.27(95)/P-I/05/CST/PF/2006-07/2952 : In exercise of the powers conferred vide sub-rule (2) of Rule 31 of the Delhi Value Added Tax Rules, 2005 read with sub-rule 4(b) of Rule 2 of the said Rules and sect....

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....f cheques, etc. and the collection report would also be given at the end of the same day. However, the remittance schedule would be reviewed again after 31.12.2006 in terms of the capability of the banks to reduce this period below three days and ensure remittances on a day-to-day basis. 2. That the interest shall be levied on delayed remittance calculated at the latest 'bank rate plus 2%', as no....