D-VAT - ONLINE REGISTRATION - FORMS TO BE FILED ONLINE

DVAT - E Filing of Forms for registration with Trade and Taxes Dept. Delhi

In pursuance of the earlier notification dated 18.06.2013 regarding mandatory registration with DVAT Department and as informed in our previous communication titled “DVAT UPDATE : SECURITY ON REGISTRATION DONE AWAY WITH” WEF 01.07.2013 E filing of DVAT 04 shall become mandatory.

Now in partial modification to that notification, another Notification No. F.7(453)/Policy/VAT/2012/339-349 has been issued which makes it mandatory to E-file the following forms along with DVAT 04 where ever applicable at the time of registration.

Form A	Application for Registration u/s 7(1) / 7 (2) OF THE CENTRAL SALES TAX ACT,1956
WC 01	Application Form for opting Composition by an eligible works contractor in respect of scheme as notified by Government under sub-section (12) of section 16.
DVAT 01	Application For Opting For Composition Scheme (General)
DM 01	Application Form for opting Composition by an eligible drugs and medicine dealer in respect of scheme as notified by Government under sub-section (12) of section 16
BU 01	Application Form for opting for Composition Scheme as notified exclusively for bullion traders by Government under sub-section (12) of section 16

COPY OF NOTIFICATION

No GST on Ocean freight. Hon'ble SC.

Supreme Court has pronounced its judgment in the matter of Mohit Minerals (Ocean Freight matter). While upholding the judgment of Gujarat High Court, the Supreme Court has held that recommendations of GST Council are only recommendatory and not binding on Union and State. To summarise the Hon'ble Apex Court has ruled that GST is not leviable on ocean freight. CA Yashu Goel

CBDT Instruction No 5/2014 dated 10.07.2014

Dear Members, The Hon'ble CBDT has issued Instruction No 5/2014 dated 10.07.2014 , by which the monetary limits for filing appeals to ITAT / HIGH COURT / SUPREME COURT have been revised. The New limits are: Tax effect Appeal before ITAT Rs. 4,00,000/- High Court Rs. 10,00,000/- Supreme Court Rs. 25,00,000/- Copy of Instruction is attached for your information.

DATE FOR FILING VAT RETURN EXTENDED

LAST DATE FOR FILING VAT RETURN FOR FIRST QUARTER OF 2013-14 EXTENDED The Value Added Tax Department has vide Circular dated 25.07.2013 extended the last date for filing online Return for the first quarter 2013-14. Class of Return Last date for online filing Last date for Hard Copy Returns - DVAT 16, DVAT 17 07/08/2013 10/08/2013 Annexure 2C and 2D which form part of the return. 07/09/2013 10/09/2013 However it may be noted that the due date for depositing tax is not changed.

N K GOEL AND BROS.

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