Location of Place of Business and Book of Accounts

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..... to the Commissioner within 30 days of such change. As per the section 48 and Rules 42 and 19 of Delhi VAT Act and Rules , you are also required to maintain and retain prescribed records at the declared principal place of business in Delhi for 7 years . The record may be in the form of soft/hard copy but should be readily available on demand and be able to explain all business .....

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..... ed ( Section 86 ). (ii) Registration of dealer is liable to be cancelled ( Section 22 ). (iii) Dealers may lose the right to issue tax invoices against which input tax credit ( ITC ) can be claimed by purchasing dealers ( Section 50 ). (iv) Dealers would lose right to avail ITC on their purchases ( Section 9 ). (v) In hands of contractees, dealers will become liable for TDS deducti .....

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