Guidelines relating to downloading of Statutory Forms

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....of Statutory Forms It has been observed, of late, that some of the dealers esp. a majority of those who have been granted Registration Certificate provisionally i.e. whose credentials are yet to be fully established, are found engaged in downloading of higher amount of Statutory Forms by showing inter-state transactions. This is happening despite availability of a variety of checks and legal re....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... All the above class (es) of dealers who have reflected High GTO and NIL/ Negligible tax. 4)      Dealers whose details in Form DVAT 04 (Parts A, B, C & D) are not filled properly including Unique Identification (AADHAAR) No. 5)      Already registered dealers who have not provided the Bank Account details or have punched in fictitious digits....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... Further, upon receiving an SMS/e-mail alerts by the VATOs regarding the statutory forms downloaded, in excess of Rs. 10 Lakhs, by the above class(es) of dealers or the ones who are found to be involved in suspicious transactions, there should be a daily reporting concerning such transactions/ dealers, to Zonal In charge concerned. Furthermore, there must be an immediate blocking of the TIN....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....unctioning/ existing at the given address, a Show Cause Notice may be issued/ served forthwith, in Form DVAT 10, thereby affording the dealer an opportunity of being heard. If no response is forthcoming or reply received is not to the satisfaction of the VATO, then Form DVAT 11 may be issued / served, cancelling the registration of the dealer as well as initiating the other possible actions toward....