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Gazette Notification of Delhi Value Added tax (Fourth Amendment) Act, 2012 (Delhi Act 14 of 2012.

Union territory Notification of Delhi · 200511,151 characters of text

The enactment

TypeNotification
Year2005
JurisdictionUnion territory of Delhi
StatusIn force as published by the source
TextPublished as one document, as the source published it
Subjectstaxation

Full text

The source publishes this enactment as a single document rather than provision by provision, so the whole text is below and there are no per-section pages for it. Nothing has been shortened.

~cU~ L\ .~\\ No. F.14(13)/LA-2012/C~~GtIilI \'So ·-ViO Copy, together with the copy of enclosures, forwarded for information and necessary action to:- - \ . ~J , GOVERNMENT OF NATIONAL CAPITAL TERRiTORY OF J)ELHl (DEPARTMENT OF LAW, JUSTICE & LEGISLATIVE AFFAIRS) 8TH LEVEL, C- WING, DELI-II SECRETARIAT, NEW DELI-II Dated the}2December, 2012 To The Special Secretary (GAD), General Administration Department, Government ofNCT of Delhi 21ld Level, A-Wing, Delhi Secretariat, New Delhi.

Still: Gazette Notification of the Delhi Value Added Tax (Fourth Amendment) Act, 2012 (Delhi Act 14 of 2012) Sir, I am directed to forward herewith two copies of the subject cited notification (English and Hindi versions) for publishing in the Delhi Gazette (Part-IV)-Extra-Ordinary today itself. It is requested that at 'least 10 Gazette copies of the same may be sent to this Department as soon as received from the-press.

Yours fai thfully, End: As above / (Tarun Sahrawat) Addl, Secretary (Law, Justice & L.A) Dated the,;(~ December, 2012 l , The Secretary, Go:vernment of India, Ministry of Horne Affairs, New Delhi-l l 000 J

2. The Joint Secretar & Legislative Counsel, Government of India, Ministry of Law & Justice, Legislative Department (Correction Cell), Shastri Bhawan, New Delhi-l l 000 1

3. The Pr. Secretary to Lieutenant Governor, Delhi, Raj Niwas, Delhi-l l 0054.

4. The Pr. Secretary to Chief Minister, Govt, ofNCT of Delhi, Delhi Secretariat, New Delhi- ] 10002.

5. The Pr. Secretary (Finance), Govt. of NCT of Delhi, Delhi Secretariat, New Delhi-

110002.

The Commissioner (T&T), Govt. of NCT of Delhi, Vyapar Bhawn, I.P. Estate, New Delhi-I10002.

The OSD to Chief Secretary, Govt. of NCT of Delhi, Delhi Secretariat, New Delhi-

110002.

8. The" Secretary (LA), Delhi Legislative Assembly Secretariat, Old Secretariat, Delhi-

110054.

9. The Deputy Secretary (Admn.), Law, Justice and Legislative Affairs, Govt. of NCT of Delhi with the request to upload a copy of the Act on Department's website.

\~<:::-' 10. Guard file " yI'''' \~/) \..0V __.~- '), I' ~/1.1r' ~rlt-·\\t-- ~ (Tatun Sahrnwnt) Addl, Secretary (Law, Justice & L.A.)

GOVEHNMI!NT or- N/HIOI\lAL CAPITJ.\L TEltlU'l'OI{V 01: DELI'" (DEPAfHMENT OF LAW, JUSTICE 81 LEGISUW\VE I\Hl\lnS) UTlI LEVEL, C-WII\lG, o ELI·I I SECI1ET/.\IW\T, 1\lI~VV!JEll," r~o.r=,14(13)/L/\-2012/ (e;yv'J,m\...: /1'1-4 IhtHI •.f6llle December, m:u I\JOTIr:IClHIOI\l No.i=.1.4{l3)/LA-2012/ c(sY,,~v-'/I.!1he following Act of the Ll:)i!,i~jILJtivl~Assembly of the N,;tiuIIl11 Capltal Territory of Delhi received the assent of the Lt. Governor of Deihl on 24th December, 2012 and Is hereby published for general lntormatlon.- "THE DELI-II VALUE ADDED TA)' (FOUnTH /.\IVIEI\JD1VIE1\JT)ACT, 2012 (DELI-II ACT 14 OF 2012) (As passed by the Legislative Assembly of the Natlonal Cupital Territory of Deihl 011 the 13th December, 2012) [24\h December, /..0:1.2] An Act tofurther amend the Deihl Value Acldull Tax Act, 2004, , 8E it enacted by the Legislative Assembly of' the Ni:ltiullcll L:i.lpllEIl Terrltory of Deihl in the Sixty-third Year of tile Republic or India 'as f'ollows:

:1.. SIlO!"!: title, extent and COI11Il1Gncement.- (:L) Tills /\ct 1T1clY be called, the C:~llll Value Added TClX (Fourth Amendment) Act, 20:1.2.

(2) It extends to the whole of the National Capital Tcrrltorv or Delhi.

(3) It shall come into force on such date as the Guvernrnent may, by n;Ufication In the official ,Gazette/ appoint.

2" AI11encl1118nt of section 2, - In the Delhi Value /\dclecl Tax Act, 2004, (hereinarter referred 1:0 as the principal Act), in section 1..,ill sub-section (1), in clause (zd), in sub-clause (vII), - ,

(a) the provisos before the Explanation shall be ornitted.

(IJ) the 'Explanation. I shall be numbered as 'E>.;pli:7natio/!.-l~ after 'Explanation. -1' so re-numbered, \Explanatio//: ..~' ~ihi:11Ibe inserted, na rnely :- "Explanation.-2 The amount received or receivable by all rnarketlnq companies far the sale of diesel and petrol shull IJf! deemed to be ,,~.'C';;N ~~V~;~ "'.. A/I..••i;~t.:o..'.:;.-::;..t equivalent to the price on which the retail outlets will sell these cornrnodltles to the consumer, f/ .

3. Amendment of section 36A. - In the Prlncrpal I\d, In section 36A,- (I) In sub-seetlon (1),-for the-word . 'two' .occuirlnq after the word 'of" i:lIlci before the word 'percent' the word 'four' she1l1be substituted.

(II) In sub-section (I), proviso shall be ornltted.

(III) In sub-section (11\), For the word 'two' OCCLIITill~JEifler the word 'to' and before the word 'percent' the word;:~oLlr' shall IJe suostltuted.

(lv) In sub-section (11-\)/ proviso shall be ornltted.

4. Amendment of section 5f:lA.- In the Prlnclpal Act, In sectlon 58A,-

(i) In sub-section (1). the words "atany stage otll.o proceeding Linder this Act," occurring after the word "If," shaf be ornltted.

(ii) for sub-section (2), the following. shall be substiluled, namely :- "(2) The expenses of, and Incidental to, tho exammatlon and audit or records under sub-section (1), (lncludlnq the remuneration 01' the accountant or a panel of accountants or prolessicnel or panel. 01 professlonals) sha II be determined and puie! by the Cornmlssloner and that determination shall be final. /I

5. Amendment of section 95.- In the Prlnclpal Act, in sectlon 95, - (I) for the title the following shall be substituted, namely :- "Dealer to declare the name of manager 01' buslness, I)ermanent Account ~ "\Number and lEC (Importer Exporter Code)", (II) for sub-section (3), the Followlli;:! shall be substituted, namely :- I, j',

(3) "Every dealer at the time of applying for registration under tills Act shall mention the Permanent Account Number (PAN) obtained under the Income Tax Act, 1961 (43 of 1961):

PROVIDED that tile dealers already registc(ec; under the Act shall - - _ ..... - - - - . -' intimate Permanent Account Number (PAN) obtained under the Income Tax Act, 1961 (43 or 1961) in the prescribed form,wiU'lil'l I:wo months or' notification or the amendment.

(3/-\) EvelY dealer liable to pay tax under' this Act and hi:wlng an IEC (Importer Exporter Code) under The F:oreign Irade (Development /\I,cI Regulation) Act, 1992 (No. 22 or 1992), shall rnentlon the lEC (Importer Exporter Code), at the time of applying For registration under this f.\~t,:

PROVIDED that the dealers already registered Linder the Act and having lEe (Importer Exporter Code) under the FOi(::!i~Jn TI'i:\(I~!(Development And Regulation) Act, 1992 (No, 22 of 1.992) shall mumutc the details In the prescribed form, within two months of notlncatl;:n 01' lili~; urnendrnent :

PR8VIGlED FURTHER lnat every dealer registered under the Ad, who obtains an lEC (Importer E~porter Code) under the I=orelgn Trade (Development And Regulation) Act, 1992 (No. 22 01' :L99~-")1 subsequently shall provide U'I8 lEe details In the prescrlhed form, within :15 clEly:i 01' obtaining the lEC."

(Iii) for sub-section (tl), the' following shall be substituted, namely :- (/.1) "Any person who ralls to Furnish ('/declaration or, cIS 1:118 case may be, a revised declaration as provlder' In sub ..section (1) and sub-section (2) of tllis section or falis to provide details of the Perrnimen\: Account Number obtained under the Income Tax {-\el, 196:1.(43 orlgGJ.), as provided in subsection (3) of this sedlon ,')1 fulls to provide the lEe (Importer Exporter Code) under The Foreign Trade (Development /\ncl l1.egulation) Act, 1982 (No, 22 of 1992) CIS provided in sub-section (3/\) of this section, shall be liable to pay, by way of penalty, sum OCjUEllto I=<upees one thousand per week of default subject to a 1'I'1w<irm11'l1 of fifty thousand rupees," ~ fJ."'-F\ ..• v \ •.....

~c,VV' ~'6\,.v .

(Tanm Sahrawat) Adell. Sect"(.ri:l'1I'V (LtIW, Justlce 8\ I•.A.)

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