Extension of date for e filing-Assam VAT

Time Limit for report  e filing u/s 29 of the Assam VAT Act, 2005 and filing audit has been extended up to 31 December 2012.
Reference :-Notification No FTX.55/2005/Pt-IV/77 dated 13 Decemver 2012

VAT to be charged on set Top Boxes-Delhi VAT

As per circular issued recently by Delhi Commercial department, cable operator will have to pay VAT on charges for installing set top boxes.

The Govt. of India has recently taken initiative of digitizing the Indian Television Industry in the next three years. As a result set top boxes were expected to be placed/installed by various cable operators in Delhi region by 31.10.2012, the deadline imposed by the Ministry of Information and Broadcasting, Govt. of India.
The set top boxes are being supplied to the cable users by the cable operators on lease basis
against refundable securities. It is reported that these operators are not paying VAT on these
transactions terming the same as intrustment, thereby denying the state of its legitimate right
to impose VAT on these transactions.

Due date extended for filing Audit Report for assessees other than Companies-Kerla VAT Act

GOVERNMENT OF KERALA 

OFFICE OF THE COMMISSIONER COMMERCIAL TAXES 

No.C1-34099/2012/CT                                                                          Thiruvananthapuram: 30.11.2012
CIRCULAR No. 29/ 2012


KVAT Act, 2003 – Sec.42 – Audited Report and statements in Form No.13 & 13A -Extension of time limit for filing ‘Audit Report’ of the year 2011-12 – reg.


Considering the request from various trade bodies and in modification of the circular read  above, the time-limit for filing certified Audit Report in Form No. 13 and statement of  particulars in Form 13A relating to the assessment year 2011 – 2012, for assessees ‘other than companies’ is further extended up to 31st December, 2012.

All assessing authorities shall take note of the above position.

COMMISSIONER

Issuance of statutory forms in advance-Delhi State

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI 

DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) 

No.F.3/310/Policy/VAT/2012/964-970                                               NEW DELHI: 12.12.2012
CIRCULAR NO 24 OF 2012-13

The matter regarding advance issue of ‘C’ Forms has been examined and it has been decided to discourage advance issue of forms except in exceptional circumstances. Also, it should be ensured that the item is allowed on the Central RC of the purchasing dealer for stated purpose.
In order to check any misuse of these forms, the Assessing Authorities are directed to strictly follow the following guidelines:
i) The purchasing dealer shall enclose a letter along with the requisition slip from selling dealer clearly stating that “goods will be dispatched only against advance statutory forms”.
ii) Name & address of the Assessing Authority of the selling dealer alongwith copy of  Registration Certificate of selling dealer may be made available by purchasing dealer.
iii) Proforma invoice indicating the amount of purchase, excluding CST, cash discount, job work, cost of Freight, deliveries, freight or Installation, if separately charged and admissible as deduction.
iv) The Assessing Authorities shall obtain approval of Special Commissioner-II on file before issue of the advance forms.
v) Advance forms may be issued through the DVAT system only.
vi) The form may be duly filled in recording the Name, RC No. of the dealer as well as its selling dealer and on the top of original copy, it may recorded in red ink- “ADVANCE FORM” issued for a sum not exceeding Rs. ------------- (as mentioned on proforma invoice) for purchase of ----------------item valid for -------------(FY). A transparent tape may be pasted on the above words.
vii) Adequate security should be obtained from the purchasing dealer to safeguard against possible misuse of form.

(Prashant Goyal)
Commissioner (Value Added Tax)

Issuance of statutory forms in advance-Delhi State

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI 

DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) 

No.F.3/310/Policy/VAT/2012/964-970                                               NEW DELHI: 12.12.2012
CIRCULAR NO 24 OF 2012-13

The matter regarding advance issue of ‘C’ Forms has been examined and it has been decided to discourage advance issue of forms except in exceptional circumstances. Also, it should be ensured that the item is allowed on the Central RC of the purchasing dealer for stated purpose.
In order to check any misuse of these forms, the Assessing Authorities are directed to strictly follow the following guidelines:
i) The purchasing dealer shall enclose a letter along with the requisition slip from selling dealer clearly stating that “goods will be dispatched only against advance statutory forms”.
ii) Name & address of the Assessing Authority of the selling dealer alongwith copy of  Registration Certificate of selling dealer may be made available by purchasing dealer.
iii) Proforma invoice indicating the amount of purchase, excluding CST, cash discount, job work, cost of Freight, deliveries, freight or Installation, if separately charged and admissible as deduction.
iv) The Assessing Authorities shall obtain approval of Special Commissioner-II on file before issue of the advance forms.
v) Advance forms may be issued through the DVAT system only.
vi) The form may be duly filled in recording the Name, RC No. of the dealer as well as its selling dealer and on the top of original copy, it may recorded in red ink- “ADVANCE FORM” issued for a sum not exceeding Rs. ------------- (as mentioned on proforma invoice) for purchase of ----------------item valid for -------------(FY). A transparent tape may be pasted on the above words.
vii) Adequate security should be obtained from the purchasing dealer to safeguard against possible misuse of form.

(Prashant Goyal)
Commissioner (Value Added Tax)