(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI OFFICE OF THE COMMISSIONER, VALUE ADDED TAX VYAPAR BHAWAN. I.P. ESTATE, NEW iDELHI-110 002 No.F.7(239)/P-IIVAT/ 2009/ ~-1)7'-51~ NOTIFICATION Dated : ~0\ \%\ ~ 11--- No.F.7(239)/P-IIVAT/20091 -In exercise of the' powers conferred under sub-rule (2) of Rule 31 of the Delhi Value Added Tax Rules, 2005, read with clause (b) of sub-rule 4 of Rule 2 of the said Rules and Section 36 of the Delhi Value A,dded Tax Act, 2004, I, Rajendra Kumar, Commissioner, Value Added Tax hereby notify Kotak 'Mahindra Bank located in the National Capital Territory of Delhi, in addition to the banks already notified, as the appropriate Government Treasury for the purpose of deposit of all Value Added Tax dues in relation to a dealer, who is registered or is liable to be registered under the Delhi Value Added Tax Act, 2004.
This notification is subject ·to the fulfillment of following conditions . -by the aforesaid bank in addition to the gui'delines issuedbythe Reserve Bankof India on this subject:
1. if.Jratthe funds shall be remitted to the Value Added Toa'X:AocOtH;'Jt with ~Reser~eBank of ~Ir:;rdia,Parliament Street; New Delhi withinthree days ersuch-shorterperlod as notified bytheRblfrom time to time.
2. That interest shall be levied on delayed remittanoe, calculated at the latest 'bank rate plus 2%', as notified by Reserve Bank of India from time to time. Interest will be calculated for the period 'starting from the date of the receipt, as per challanin case of cash/transfer transaction or date of -realization of cheque :in case of clearinctnstrurnerrts lby,tne receiving branch to the date preceding the date of settlement by the "batik Lirtk Cell with Reserve Hank oflndla-Office.
3. That the tax shall be :collected through on-line computerized counters for which software shall be developed/modified as per . specifications issued by the Department from time to time, The software should- generate all types of MIS reports required by the Department.
The collection data shall also be sent to the Department in an electronic form in the mode, frequency and structures as prescribed by the Department.
-l, ..That.it.sbalt.be mandatory on.banks to accept all tax payments of any denomination, in any of its authorized branches irrespective of thEtdealer having account with the bank or not.
5. That the bank shall adhere to the security and other provisions of Information Technology Act, 2000.
Further, in exercise of the powers conferred under Sub Rule (5) of Rule 31 of the DVAT Rules, 2005, it is also prescribed that all registered dealers and those who are liable to be reqistered and contractees (TAN payment compulsorily through electronic mode of payment through the website of Departmentof Trade and Taxes (www.dvat.gov:in).
Salient features of e-payment scheme are enclosed 'at Annexure.
This notification shall come into force with immediate effect.
~' , ~)J..- (RAJE'ND'RA kUMAR) CqMMISSIONER, VALU.E ADDED TAX No.F.7(239)/P-IIVAT/20091 5'1Y)- '7\~ Dated :?~\~\.?..:~)- Copy forwarded for information and necessary action to:- • '.
,1. Pr. Secretary (Finance), Finance Department, Govt'ofNCJ of Delhi, Delhi Sachivalaya, New Delhi-02.
2. The rPrincipal Secretary (GAD)"Govt. of NCT of Delmi, :Delhi Sachivalaya, New Delhi with one spare cOPo/' for -publication in Delhi GazettePart-lv (extraordinary) intoday's date, '
3. Principal Secretary to theChielMinister/Finance MiIJister,':Govt. of NeT of Delhi ,.Delhi Sachivalava, New-Delhi-Oz. .
4, The Director (ST), Government of India, Ministry .of Finance, , Department of 'Revenue, JeevanDeep Building, New Delhi.
The General Manager, Reserve Bank of India, Public Accounts Division" Parliament Street, New Delhi. ' 6, The. Senier Vice President, Head-Govt. Business Group, Kotak Mahindra Bank" 7th Floor, -Ambadeep'Bniidinq, ~ , • ' - :}.' .••. -<-- 5 >. , - ,Ot. jJ ~4, KGMarg,~~Jew·~D-eHii-D1.
7. iP~S. to the ~Commissioner, VAT, Department of Trade and Taxes, Vyapar Bhawan, I.P.1Estate, New Delhi.
B. All Special 1 Addl./ Joint Commissioners, Department of Trade and Taxes, Vyapar Bhawan, I.P. Estate, New Delhi.
9. ,"'Special :Commissioner (Collection), Department of Trade and Taxes, Vyapar Bhawan, I.P. Estate, New Delhi.
10. Additional Commissioner (Systems) Department of Trade and Taxes, Vyapar Bhawan, I.P. Estate, New Delhi with the request to ,~,",_;:...uploadthesame on Department's web-site.
. "J1'. The R.egistrar, Value Added Tax Appellate Tribunal, Vyapar ,'-' Bhawan, I.P. Estate, New-Delhi.
12 The President/General Secretary, Delhi Sales Tax Bar Association, VyaparBhawan.New Delhi.
13. Guard File.
~:10- (T. C. SHARMA) VATO (POLICY) Annexure SALIENT FEATURES OF THE ON-LINE PAYMENT SCHEME(Through department's website-www.dvat.gov.in)
1. All dealers(TIN holderl/conlrocteesfl Al-l holder) can make payment of tax/interest/penalty or other dues under Delhi Value Added Tax Act and lor ~Central .
Sales Tax Act through internet from the Department's website at any time from:;his saving/current account or from any other person's account, on hisbehalf.
2. User ID and password for filing return and initiating 'the payment will be provided by the department and the tronsocflon ID and password for making the payment frornfhe account will be provided by the :concernecl~ bank. Dealers already having User 10 and pcrssword to__,J.._._~_~__. .
access the department's website can use the some for payment olso.
3. Challan may be printed after successful payment of the 'dwes'from the deportmentct webs,ite.Ol"leok -,·1,9!
digit Challan Identification Number (CIN) on the challan before printing the same and enclose copy of the chollon after signing and stamping it, with the return of the tax period to which the payment pertains, at the time of Hling the return with the Department of Trade and Taxes. Such challan will be accepted as proof of payment for the purpose of sub- , rule 30f Rule 28 of DYAT Rules, 2005.
,.:.•..;....
4. Check the payment so debited from the account statement after transaction.
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5. Povments made between.8.;.QQ-J;>m-to 8:00 am will be accounted in the next working day's payment while payment made between 8:00am to 8:00 pm on ony v working day will be accounted for the same day.
6. Payments made at any time on Sundays & holidays will be accounted in the next workino dav's payment.