Rule 30A - Discharge of liability in respect of a continuing works contract (Section 105(4)) - Delhi Value Added Tax Rules, 2005

30A. Discharge of liability in respect of a continuing works contract (Section 105(4)). (1) A dealer, registered under the Delhi Sales Tax on Works Contract Act, 1999 (Delhi Act 9 of 1999) (hereinafter referred to in this section as "the repealed Act"), who is eligible and liable to discharge his tax liability under the Act in accordance with the provisions of sub-section (4) of section 105, he shall furnish the details of all partly executed contracts as on 31 st March, 2005 to the Commissioner, in a statement in Form DVAT 53 along with his first return due to be filed after the notification of the Delhi Value Added Tax (Fifth Amendment) Rules, 2005 2 along with the documents and information as specified in the said Form DVAT 53 and such dealer shall compute his tax liability in the manner as given in the statement in Form DVAT 54: Provided that where a dealer fails to furnish a statement in Form DVAT 53, complete in all respects, within the time so prescribed, his liability to pay tax shall not be discharged in accordance with the provisions of sub-section (4) of section 105 and he shall be liable to pay tax at the rates specified in section 4. (2) The dealer who is eligible and liable to discharge his tax liability under the Act in accordance with the provisions of sub-section (4) of section 105 and has submitted the statement in Form DVAT 53 in accordance with provisions of sub-rule (1), he shall furnish information in Form DVAT 54 along with his return in Form DVAT-16 for each and every tax period ending up to 31 st March 2007: Provided that a return furnished for any tax period in the absence of duly filled in, signed and completed Form DVAT 54 shall be treated as invalid and incorrect. ---------------------------------------- Notes:- 1. Inserted vide Notification No. F. 3(59)/Fin (T E)/2005-06/923Kha, Dated 30.11.2005 , w.e.f. 3.11.2005. 2. For the dealers having monthly tax period, time was extended upto the time of filling of the return for the month of December, 2005 vide Order No. F.3(17)/P-II/Vat/Misc./2005/1211 dated 03.01.2006.