All the Scheduled Banks, whether registered or not under the Act, having their branches in Delhi and engaged in the business of Silver, Gold, repossessed vehicles, shall furnish the return on quarterly basis, in the enclosed Form Bank-1 prescribed for the purpose. Such return shall be furnished within twenty eight days of the end of the each quarter commencing from the quarter ending 30th June, 2013. Further, data for 2012-13 transactions shall be submitted in consolidated manner as per the Form Bank-1 by 15th June, 2013. - F. 3(341)/VAT/Policy/2013/242-252 - Delhi Value Added Tax

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY)

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI

OFFICE OF THE COMMISSIONER, VALUE ADDED TAX

VYAPAR BHAWAN, I.P. ESTATE: NEW DELHI-110002.

No. F. 3(341)/VAT/Policy/2013/242-252

Dated : 29/05/2013

NOTIFICATION

In exercise of the powers conferred by section 27 of the Delhi Value Added Tax Act, 2004 (hereinafter referred to as ‘the Act’), I, Prashant Goyal, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, hereby require that all the Scheduled Banks, whether registered or not under the Act, having their branches in Delhi and engaged in the business of Silver, Gold, repossessed vehicles, shall furnish the return on quarterly basis, in the enclosed Form Bank-1 prescribed for the purpose. Such return shall be furnished within twenty eight days of the end of the each quarter commencing from the quarter ending 30^th June, 2013. Further, data for 2012-13 transactions shall be submitted in consolidated manner as per the Form Bank-1 by 15^th June, 2013.

This Notification shall come into force with immediate effect.

(Prashant Goyal)

Commissioner, Value Added Tax

Dated : 29/05/2013

No. F.7(453)/Policy/VAT/2012/P-II/242-252

Copy forwarded for information and necessary action to:-

1. The Principal Secretary (Finance), Finance Department, Govt. of NCT of Delhi, Delhi Sachivalaya, New Delhi-02.

2. The Principal Secretary (GAD), Govt. of NCT of Delhi, Delhi Sachivalaya. New Delhi one spare copy for publication in Delhi Gazette Part-IV(extraordinary) in today’s date.

3. The Principal Secretary to the Chief Minister, Govt. of NCT of Delhi, Delhi Sachivalaya, New Delhi-02.

4. All Special/Addl./Joint Commissioners, Department of Trade & Taxes, Vyapar Bhawan, I.P.Estate, New Delhi.

5. The Addl. Commissioner (PR), Department of Trade & Taxes, Vyapar Bhawan,, I.P.Estate, New Delhi to arrange to give wide publicity to this notification.

6. The Programmer(EDP), Department of Trade & Taxes, Vyapar Bhawan, I.P.Estate, New Delhi to upload the Notification on the website of the Department.

7. The Deputy Director (Policy), Department of Trade & Taxes, Vyapar Bhawan, I.P.Estate, New Delhi.

8. All VATOs/AVATOs Department of Trade & Taxes, Vyapar Bhawan, I.P.Estate, New Delhi through their Zonal Incharges.

9. The Registrar, VAT Appellate Tribunal, Department of Trade & Taxes, Vyapar Bhawan, I.P.Estate, New Delhi

10. The President/Secretary, Sales Tax Bar Association (Regd.), Vyapar Bhawan, I.P.Estate, New Delhi

11. Guard File.

(T.C.Sharma)

Value Added Tax Officer(Policy)

DEPARTMENT OF TRADE AND TAXES

GOVERNMENT OF NCT OF DELHI

FORM BANK -1

(See section 27 of the DVAT Act)

Return for the quarter                                                                          From………..To……..(dd/mm/yy)

1. (i) Name of the Bank

   (ii) Address

2. TIN, if registered

3. Description of transactions

Name & Address of the original Buyer/Loanee	Vehicle No.	Original Cost of Vehicle	Amount realised from original Buyer	Name & Address of the Buyer to whom repossessed vehicle was sold
(1)	(2)	(3)	(4)	(5)

 

Amount paid by the 2nd Buyer	Amount of tax collected on repossessed vehicle	Amount of the sale i.e. sale of Silver/Gold	Amount of tax collected on sale of Silver/Gold	Amount of sale of other Assets	Amount of tax collected on sale of other Assets
(6)	(7)	(8)	(9)	(10)	(11)

4. Tax payable :                         ___________________________

5. Add: Interest, if payable :       ___________________________

6. Add: Penalty, if payable :       ___________________________

7. Balance payable (4+5+6) :     ___________________________

8. Details of payment of tax (attach proof of payment)

Sl.No.	Date of Deposit	Challan No.	Name of Bank & Branch	Amount

9. Verification

I/We _____________________hereby solemnly affirm and declare that the information given in this

form and its attachments(if any) is true and correct to the best of my/our knowledge and belief and

nothing has been concealed therefrom.

Signature of authorised signatory   ______________________________

Name                                           _______________________________

Designation/Status                        ______________________________

Place                                           ______________________________

Date                                            ______________________________