Registration Under DVAT & Central Sales Tax
As per Section 18 of DVAT Act, 2004 read with Rule 12 of DVAT Rules, 2005, Every dealer is required to apply for registration under this Act if –
- the dealer’s turnover in the current year exceeds the specified taxable quantum; or
- the dealer is liable to pay tax, or is registered or required to be registered under Central Sales Tax Act, 1956 (74 of 1956):
However a dealer dealing exclusively in goods mentioned in the First Schedule shall not be required to register.
As per DVAT (Amendment ) Act, 2013, Notification No. – F.14(4)/LA-2013/cons Law /11 dated 28th March, 2013, Taxable Quantum is increased from Rs.10.00 Lakhs to Rs.20.00 Lakhs.
Registration under DVAT Act can be obtained on voluntary basis also having NIL turnover.
As per DVAT Notification No.F.7(453)/Policy/VAT/2012/298-308 dt. 18th June, 2013 , no security would be required to be furnished by the dealers for applying registration with the Department, till further orders with effect from 1st July, 2013
Important Links
- Income Tax
- Income Tax E-filing
- TDS / TCS (Traces)
- Delhi Sales Tax
- Uttarakhand Sales Tax
- Haryana Sales Tax
- Rajasthan Sales Tax
- Central Excise, Customs & Service Tax
- Registrar of Companies (ROC) / MCA
- Limited Liability Partnership
- Reserve Bank of India
- Institute of Chartered Accountant of India
- Institute of Company Secretary of India
- Institute of Cost Accountants of India
Latest Updates
Applicability of TDS U/s 194Q and TCS U/s 206C(1H) of Income Tax Act
June 8, 2021Special provision for Deduction of Tax at Source (TDS) & Tax Collection at Source (TCS) at Higher Rate for non-filers of Income Tax Return – Section 206AB & Section 206CCA
Analysis of GST Notifications issued on date 01st June 2021
June 2, 2021Income Tax Circular No. 9/2021 : Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic
Applicability of E-Invoicing under GST w.e.f. 01st April, 2021
March 16, 2021