Certain banks have been authorized to collect VAT through this Notification

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..... . ESTATE: NEW DELHI-02 No.F.27(95)/2001/P/639-51 Dated: 20.4.2005 NOTIFICATION No.F.27(95)/2001/P/639-51 : In pursuance of letter No. DGBA: GAD: No. 229 / 42.01.001 / 2003-04 dated August 29, 2003; and DGBA: GAD: No. 790 / 42.04.002 / 2003-04 dated January 13, 2004 and DGBA: GAD: No.42.04.002 / 2004-05 dated 19.10.2004 of Reserve Bank of India. Department of Government and Bank Ac .....

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..... 7) IDBI Bank Ltd. 8) UTI Bank Ltd. 9) HDFC Bank 10) ICICI Bank Ltd. This notification is subject to the fulfillment of following conditions by the aforesaid banks in addition to the guidelines issued by the Reserve Bank of India on this subject: 1. That the funds shall be remitted to the Sales Tax Account with Reserve Bank of India, Parliament Street, New Delhi within three days (inc .....

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..... Bank of India Offices. 3. That the tax shall be collected through on-line computerized counters for which software shall be developed as per specifications issued by the Department from time to time. The software should generate all types of MIS reports required by the Department. The collection data shall be also sent to the Department in an electronic form in the mode, frequency and structures .....

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