Amendments in the Delhi Value Added Tax Rules, 2005

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s further to amend the Delhi Value Added Tax Rules, 2005, namely:- RULES 1. Short title and Commencement.-(1) These rules may be called the Delhi Value Added Tax (Amendment) Rules, 2011. (2) They shall come into force on the date of their publication in Delhi Gazette. 2. Amendment of From DVAT-16.- In the Delhi Value Added Tax Rules, 2005, in From DVAT-16,- (a) after the row "R5.5" and before the row n"R5.6" the following sub-row shall be inserted namely:- "R5.5(1) works contract taxable @5%; (b) after the row "R6.2(6)" and before the row "R6.2(7)", the following sub-row shall be inserted, namely:- "R6.2(6)(1) works contract taxable @ 5%". By order in the name of the Lt. Governor of the National Capital Territo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....er goods R6.3 Tax credit before adjustments Sub Total (A) R6.4 Adjustments to tax credits Total A4 from (Complete Annexure and enter Total A4 here) R6.5 Total Tax Credits (A+B) R7.1 Net Tax (R5.10) - (R6.5) R7.2 Add : Interest, if payable R7.3 Add : Penalty, if payable R7.4 Less : Tax deducted at source (attached No. of TDS certificates in original) R7.5 Balance payable (R7.1+R7.2+R7.3-R7.4) R7.6 Less : Amount deposited by the dealer (attach proof of payment) S. No. Date of deposit Challan No. Name of Bank and Branch Amount R8 Net Balance* (R7.5-R7.6) * The net balance should not be positive as the amount due has to be deposited before filing the return. IF THE NET BALANCE ON LINE R8 IS ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....horised signatory. 5. For reporting adjustments, please use the following convention : a. Any amount that decreases the output tax or tax credits should be entered as a negative amount with a negative sign (-) before it. b. Any amount that increases the output tax or tax credit should be entered as a positive amount. Annexure (To be attached with the return where adjustments in Output Tax or Tax Credits are made) A1 Adjustments to Output Tax Nature of Adjustment Increase in Output Tax (A) Decrease in Output Tax (B) A1.1 Sale cancelled [Section 8(1) (a)] A1.2 Nature of sale changed [Section 8(1) (b)] A1.3 Change in agreed consideration [Section 8(1) (c)] A1.4 Goods sold returned [Section 8(1)(d)] A1.5 Bad ....