Regarding Invoices - VAT - Delhi - 026

Regarding Invoices GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY-III BRANCH) BIKRI KAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 CIRCULAR NO. 26 of 2005-06 Dated: 16.08.2005 Section 50 of the Delhi Value Added Tax Act, 2004 (Delhi Act No. 3 of 2005) (hereinafter referred to as "said Act") speaks about two types of invoices to be issued by the selling dealers i.e. Tax Invoice and Retail Invoice, which must contain particulars specified in sub-section (2) of section 50 of the said Act in case of Tax Invoice and particulars as specified in sub-section (5) of section 50 in case of Retail Invoice for which two separate bill books are supposed to be maintained by each dealer. In this connection, it is further clarified that same printed stationery with same serial numbers (computerized or otherwise) cannot be used to issue Tax Invoice as well as Retail Invoice. Stationery to be used must indicate in clear terms the words "Tax Invoice" in case of sales where tax invoice is required to be issued and words "Retail Invoice / Cash Memo / Bill" in case of sales where retail invoice is required to be issued besides other necessary particulars in clear words with distinct serial numbers there on so that these invoices may be identified independently. Second proviso of sub-section (1) of section 50 of the said Act stipulates that if an invoice has been issued under the provisions of Central Excise Act, 1944 (Act No. 1 of 1944) it shall be deemed to be a Tax Invoice if it contains the particulars as specified in sub-section (2) of section 50 of the said Act. This issues with the prior approval of the Commissioner, Value Added Tax. Sd/- (S.R. MAHESHWARI) VALUE ADDED TAX OFFICER (POLICY-III) No. VAT/POLICY-III/2005/983 Dated:16.08.2005 Copy for information and necessary action to:- 1. PS to Commissioner of Value Added Tax. 2. PA to all Additional Commissioners / Joint Commissioners. 3. All Zonal Joint / Deputy Commissioners. 4. The Deputy Commissioner (PR) for wide publicity. 5. The EDP Manager for placing the circular on the official web site for information for the public. 6. All VATOs / AVATOs of the Operational Circles / KDU. 7. The President, Sales Tax Bar Association. 8. Guard File. Sd/- (S.R. MAHESHWARI) VALUE ADDED TAX OFFICER (POLICY-III)