DVAT Act is made to consolidate and amend the law related to levy of tax on sale of goods, transfer of right to use goods, transfer of property involved in execution of works contracts, and entry of motor vehicles by way of introducing a value added tax regime and file revised returns under DVAT in the local areas of National Capital Territory of Delhi. <\/p>\n\n\n\n
According to Section 26 of DVAT Act, every\nregistered dealer is liable to pay tax\nunder this Act has to furnish such returns to Commissioner for each tax period\nand by such dates as may be prescribed. However, the Delhi High Court has\nallowed the GSP Power System (petitioner) to file revised returns under DVAT\nand also to download “Form F” under Delhi Value Added Tax (DVAT). In\nthe mention case the petitioner, GSP Power System has failed to mention the\ndetails of Inter-State branch transfers for a first quarter of Year 2017-18 in\na Form 2A uploaded on Delhi Value Added Tax website while filing the returns.<\/p>\n\n\n\n
The division judge bench of Justice Manmohan and Justice Sanjeev Narula has directed respondent authority for allowing an amendment which is sought by a petitioner in its return of first Quarter for the FY 2017-18. However, the court said that this direction will remain suspended till the decisions of Civil Appeals pending before the Hon’ble Supreme Court and this direction will abide by the decision that the Supreme Court renders.<\/p>\n\n\n\n