| Notification Detail :
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI
DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH)
VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110002
No.F.3/310/Policy/VAT/2012/964-970 Dated: 12-12-2012
CIRCULAR NO 24 OF 2012-13
Sub:- Issuance of statutory forms in advance.
The matter regarding advance issue of ‘C’ Forms has been examinedand it has been decided to discourage advance issue of forms except inexceptional circumstances. Also, it should be ensured that the item isallowed on the Central RC of the purchasing dealer for stated purpose. Inorder to check any misuse of these forms, the Assessing Authorities aredirected to strictly follow the following guidelines: -
i) The purchasing dealer shall enclose a letter along with the requisitionslip from selling dealer clearly stating that “goods will be dispatchedonly against advance statutory forms”.
ii) Name & address of the Assessing Authority of the selling dealeralongwith copy of Registration Certificate of selling dealer may bemade available by purchasing dealer.
iii) Proforma invoice indicating the amount of purchase, excluding CST,cash discount, job work, cost of Freight, deliveries, freight orInstallation, if separately charged and admissible as deduction.
iv) The Assessing Authorities shall obtain approval of SpecialCommissioner-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 thedealer as well as its selling dealer and on the top of original copy, itmay recorded in red ink- “ADVANCE FORM” issued for a sum notexceeding Rs. ------------- (as mentioned on proforma invoice) forpurchase of ----------------item valid for -------------(FY). Atransparent tape may be pasted on the above words.
vii) Adequate security should be obtained from the purchasing dealer tosafeguard against possible misuse of form.
(Prashant Goyal)
Commissioner
(Value Added Tax)
No.F.3/310/Policy/VAT/2012/964-970
Dated: 12-12-2012
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