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TMI BlogAmend the Delhi Value Added Tax Rules, 2005X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Delhi Value Added Tax Act, 2004 (Delhi Act 3 of 2005), the Lt. Governor of the National Capital Territory of Delhi, hereby, makes the following rules to further amend the Delhi Value Added Tax Rules, 2005, namely:- RULES 1. Short title and commencement (1) These rules may be called the Delhi Value Added Tax (2nd Amendment) Rules, 2006. (2) They shall come into force with immediate effect. 2. Substitution of new rule for rule 3 In the Delhi Value Added Tax Rules, 2005 (hereinafter referred to as "the principle Rules"), for rule 3, the following shall be substituted, namely:- "3. Works contract (1) In case of turnover arising from the execution of the works contract, the amount representing the taxable turnover shall be the val ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fits earned by the contractor to the extent it is relatable to supply of labour and services subject to furnishing of a profit and loss account of the works sites: PROVIDED that where amount of charges towards labour, services and other like charges are not ascertainable from the books of accounts of the dealer, the amount of such charges shall be calculated at the percentages specified in the following table :- TABLE PERCENTAGES FOR WORKS CONTRACTS Type of contract and other like Labour, Service and other like charges are percentage of total value of the contract 1 Fabrication and installation of plant and machinery. Twenty five Percent 2 Fabrication and erection of structural works of iron and steel including fabrication, su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y percent 18 Supply and erection of weighing machines and weighbridges. Fifteen percent 19 Painting, polishing and white washing. Thirty percent 20 All other contracts not specified from Sl. No. 1 to 19 above. Twenty percent *Twenty five percent of total value of the contract excluding the cost of land transferred, if any. (3) (a) In the case of works contract of civil nature where the payment of charges towards the cost of land, if any, is not ascertainable from the books of accounts of the dealer, the amount of such charges shall be calculated @ 30% of the total value of the contract except in the case of construction of commercial buildings or complexes where it shall be calculated @ 50% of the total value of the contract. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he amount payable to the contractor by the contractee for the execution of the works contract." 3. Amendment in rule 16 In the principal Rules, in rule 16, in sub-rule (5), for the words and figures "in Form DVAT-10:" appearing after the words "by the date stated" and before the proviso, the words and figures "in Form DVAT-11:" shall be substituted. 4. Amendment of rule 24 In the principal Rules, in rule 24, in sub-rule (4), for the words and figure "within 4 months" appearing after the words "Commissioner has failed" and before the words "to return, release or discharge", the words "within six months" shall be substituted. 5. Insertion of new rule 33A In the principal Rules, after rule 33, the following shall be inserted, namely:- " ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... les, in rule 67, in sub-rule (1), the words "or purchase" occurring after the words "effecting sale" and before the words "or branch transfer", shall be omitted. 9. Substitution of new forms for Forms DVAT-01 to DVAT-52 In the principal Rules, in the forms, for Form DVAT-01 to Form DVAT-52, the forms given in Appendix-A to this notification shall be substituted. By order and in the name of the Lt. Governor of the National CapitalTerritory of Delhi, (Ajay Kumar Garg) Dy. Secretary, Finance (T&E) MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NEW DELHI Dated: September 16, 2005 NOTIFICATION G.S.R. 583(5) - In exercise of the powers conferred by clause (d) of subsection (1) of section 13 of the Central Sales Tax Act, 1956 (74 of 1756 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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