Due date of filing Quarterly Return under DVAT for 4th Quarter 2016 extended

Due date for filing Return under Delhi VAT has been extended up to 27-05-2016 from 23-05-2016.

Kindly note that there is no extension of due date of payment of tax therefore pay Interest if tax not paid within due date.Otherwise Notice will served for non payment of tax.

Circular No- 7 of 2016-17

Display of Registration Certificate at principal place of business made compulsory by Delhi VAT Department

Delhi Government has directed ACs/ward incharges to ensure that all the registered dealers have prominently displayed the registration certificate at their principal place of business and a certified copy at all other places of business in Delhi. Further, the dealer shall also prominently display his TIN and ward number outside the main entrance of all places ofbusiness in Delhi. 

Circular No. 4 of 2016-17 F.3(667)/Policy/VAT/2016/200-205 dated 10^th May, 2016

[Download- Circular ]

Leviability of service tax in respect of services provided by arbitral tribunal and its members

Services provided or to be provided by an arbitral tribunal is taxable if such service provided to a business entity which is located in the taxable territory and having turnover exceeding Rs 10 lakh.

Such service is taxable and liability to pay tax has been cast on the recipient i.e business entity who will pay tax under reverse mechanism.

However services provided by an arbitral tribunal were exempted from service tax if provided to  

Exempted Services by Government

Central Board or Excise & Custom vide Notification No 26/2016-ST dated 20 May 2016   has clarified the Services on which no Service Tax is leviable if provided  by Government or a local authority to a business entity having  a turnover up to rupees ten lakh in the preceding financial year. Following services would not be taxable as per the said notification:-