IMPORTANT DATES : > Advance information for 1st fortnight of June of functions with booking cost > Rs 1 lakh in Banquet Halls,hotels etc. : 27/05/2015      > Issue of TDS/TCS certificate for Mar quarter by ALL Deductors : 30/05/2015      > Statement by Non-resident having Liaison Office in India (u/s 285) for 2014-15 : 30/05/2015      > Payment & Monthly Return of Maharastra PT (Annual Liability 50000 or more) : 31/05/2015      > Issue of TDS certificate to Employees : 31/05/2015     
Welcome to Sales Tax Bar Association
Sales Tax was introduced in Delhi in the year 1951 when Bengal Finance Sales Tax Act was extended to the Union Territory of Delhi with effect from 1.11.1951. Initially, there was no formal association of Tax Practitioners in Delhi. Sales Tax Bar Association was registered under the Societies Registration Act, 1860, vide Certificate of Registration No. 1078 of 1956-57 dated 30th March, 1957.
To promote and maintain a high standard of professional brotherhood among the member of the Association. Continue....
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What's New
27/05/2015
India, Japan to resolve transfer pricing disputes
1% tax above GST may hurt Make in India:CEA
Corporate Governance
26/05/2015
Messages for the Week ended 23-5-2015
FIIs put on the MAT again, get dispute panel notices
Govt banks to stay closed on 2nd and 4th Sat from July
More steps soon to curb black money: Jaitley
RBI may cut rate by 25 bps,but CRR reduction unlikely
I-T department exploring ways to seed PAN with Aadhaar
25/05/2015
I-T department eyes tier-II cities to Widen tax net
Tax residency of companies
FPIs Run into a Wall of Confusion After I-T Notices
Sebi Mulls System-driven Disclosure Regime for Listed Companies
TDS on premature PF withdrawal may go
23/05/2015
Extension of Date of filing online return of D-VAT for the 4th Quarter of 2014-15
GST & land Bills priorities for the year ahead: FM
Rajya Sabha panel on GST has 1st meeting
22/05/2015
FDI norms eased for NRIs, others of Indian origin
RBI working to simplify foreign exchange rules
Swap transactions allowed for rupee- denominated foreign loans: RBI
21/05/2015
Expectations from PM ‘unrealistic’: Rajan
Firms with 10 workers might have to pay provident fund
Govt Working to Improve ease of doing Business in India - CBDT Looks to Settle 120 Transfer Pricing Disputes
Panel set up to review MAT demand on FIIs
20/05/2015
Interest on gold deposits may be exempt from tax
Govtmay do away with mandatory Reserve Bank approval for FDI
I-T dept's circular to address tax issues
New 14% service tax from June 1
19/05/2015
GST should be a good and simple tax
Sebi’s chance to create Rs.48,000 summer jobs
Conditions not ripe for fuller rupee convertibility: RBI official
Government mulls worker reskilling fund
Shah panel to probe all ‘legacy’ tax issues: Jaitley
18/05/2015
Messages for Week ended 16-5-2015
Banks may get to stake claim on benami property
Time for companies to come clean
‘Welcome relief to closely held companies’
Govt Plans Cells for Black Money Declarations
Whistleblowers can only reveal what is public info
Sebi plans further easing of listing norms for start-ups
Reasonable taxation, ease of doing business govt’s priority: FM
Fiscal deficit was 4% of GDP in FY15, says Fin Min
15/05/2015
Govt to Issue Land Ordinance for the Third Time Soon
New company lawtribunal: SC gives qualified approval
Exempt Esops from Insider Norms
14/05/2015
Bill on benami property in LS
Govt to allow children to work in family firms, film industry
ESOPs in a Pickle Over Insider Trading Rules
Most productive Budget session in adecade, says Venkaiah Naidu
Expert panel to review grievances over Companies Act
Land Bill unlikely to have a smooth passage in joint Parliamentary committee
Negotiable Instruments (Amendment) Bill passed in Lok Sabha
13/05/2015
Bill on GST referred to select committee
How govt could meet April deadline on GST
I-T Dept to Target Tier-II Cities, Towns
Black Money Bill Disallows Foreign Tax Credits for Undisclosed Accounts
Centre to Review FDI in E-commerce
Clarity in E-comm Rules to Benefit States: RBI
Cash holding above Rs 10L should be prohibited: SIT
12/05/2015
Sebi seeks disclosure of securities held by promoters
Government plans to narrow ambit of whistle- blower shield
Government to bring Bill to curb benami transactions soon
Appropriation Acts to get automatically repealed, says law minister
New Land Acquisition Bill on Request of All State Govts: Modi
Centre seeks to calm FII nerves on MAT, again
GST, land Bills to face panel scrutiny
Black money Bill passes Lok Sabha hurdle
11/05/2015
I-T department looks to redress taxpayer grievances on priority
GST legislation might become a reality soon
Decoding the new labour code
Use offset loans to reduce interest costs
‘Assess MAT impact before adopting Ind- AS’
More Red Carpet to Roll for Those on the MAT
5 Reasons Why Rs Slide is Good
Change in Registration Act Likely to Mention `Daughter'
Simplified I-T return forms likely by month end
09/05/2015
India Inc gets bond shock, fund- raising plans go awry
Will not take coercive action against FIIs on MAT: Govt
Centre, states give go-ahead to GST Network
08/05/2015
To finish pending biz, govt extends LS session
Law Commission chief to chair panel on tax demands
RBI directions on fraud in accounts
RBI allows ARCs resolution period beyond 8 years
Trai might remain headless for weeks
‘Motor products preferable online in non- life insurance’
07/05/2015
Reits gets foreign funding lifeline
Sebi notifies debt conversion norm for banks in distressed companies
TARC views likely to be rolled out soon
GST Bill passed in Lok Sabha; govt upbeat on prospects in Rajya Sabha
GST rates likely to be in the range of 20- 23%
CCEA raises FDI approval floor to Rs.3,000 cr
Panel to assess Centre's proposals on labour reforms
06/05/2015
Direct tax collections marginally short of target in 2014- 15
Govt focus on 2 of 10- odd announcements
LPG subsidy won’t be taxable: FinMin
CAG Stresses on Need for Excise Recovery Mechanism
05/05/2015
Govt seeks to replace 44 labour laws with just five
Auditor’s Report on Consolidated Financial Statements under the Companies Act, 2013
Govt develops e- system for visitor access
Cos Act amendment allows use of CSR funds in startups
Niti Aayog to define development goals after reviewing 12th Plan
Business subsidies may attract tax
PAN mandatory for central excise registration
Be wary of pvt placements by unlisted companies
GST: Why It Matters To You
04/05/2015
Finmin to Issue Draft Strategy for Separation of PDMA from RBI
I-T Dept Collects Rs.6.96 Lakh Cr in Taxes, Falls 14% Short of Target
SMS for Week ended 02 May 2015
New draft treaty unlikely to address tax worries
Factories with up to 40 workers may be kept out of major labour laws
Jaitley proposes separate I- T return forms for expats
Sebi to bring in e- KYC framework in 2 monthsNew
Deduct tax at source while purchasing property
Criticisms of proposed GST are mostly wrong
02/05/2015
Lahiri panel invites industry to discuss tax issues
EPFO likely to start investing in equities next month
Parliament to take up black money, GST Bills next week
Reits set to take off as FinMin goes easy on MAT
Debt investing: It’s not only about returns
New labour law will make it easy for firms to lay off staff
01/05/2015
FM Gives Foreign Investors Some Relief on MAT
More FPIs take tax dept to court over MAT tussle
Obligation for the Month of May 2015
Sebi changes MF risk norms
Skills ministry to recast ITIs, tap CSR spending
Simpler tax form coming
Govt Simplifying Incorporation Process
Maha Govt Decides to Amend Rent Control Act
Telcos cut mobile roaming rates
Norms for distribution of MF products by NBFCs eased
30/04/2015
No need for Companies to file Declaration before Commencement of Business
Companies may come under Prevention of Corruption Act
Stricter quality norms for mobile operators soon
‘CAG should act against officials who do not take decisions at all’
Govt nudges India Inc to include social schemes in CSR spend
Time up but PSBs yet to bring a Woman on Board
Govt enhances defence industrial licence validity to 7 years
Cabinet Approves Continuation of Rs 1,000m Pension
FIIs' books for past 6 years can be scrutinized by I-T Dept
29/04/2015
States in Race to Become More Business Friendly
Parliamentary Panel Seeks Restoration of Tax Benefits for SEZs
‘RBI to retain powers to regulate G- secs’
Sebi- FMC merger to delay exchange IPOs
Tax dues from firms at Rs.4.85 lakh crore: FinMin
Eyeing EPFO flows, MFs offer new ETFs
IN SW DELHI - Land records digitized, go online
Differences in govt agencies over stilt parking
28/04/2015
Govt agrees, Lok Sabha to take up GST after finance Bill
Govt set to simplify new I-T return form
FIIs seek MAT clarity on non-treaty nations
Govt mulls panel to resolve legacy tax rows: FM
Use add-on covers for earthquake protection
Maharashtra govt plans ordinance to amend labour laws
Irdai asks insurers to speed
Govt cancels licences of nearly 9,000 NGOs
Payments and Settlement Bill passed
TRIAL RUN ON - Govt papers now just a click away
TRACES Communication : Inappropriate Usage of Digital Signature Certificates (DSC) for availing services of TRACES
TRACES TDS Communication No 23, 25 & 25 of 18 April, 2015
up slow pause speed down
Updated Till : 27/05/2015

 

Bulletin board






03-01-2015 

VAT Deptt is going to re-run verification of 2A & 2B for 4th Qt 2013-14. Get mis match (s) rectified before 16.1.2015 to avoid unnecessary litigation.

01-01-2015

Special Drive for speedy disposal of objections relating to mismatch of 2A & 2B shall continue on 8th , 9th & 10th Jan 2015. 


-          The Department issued a Circular stating that a dealer making Sales exceeding  Rs. 100/= per transaction is mandatory required to issue invoice. Defaulter would be penal ized through special drive w.e.f  22/12/2014.

 

 

-          The dealer has power to upload, edit, correct , addition , deletion of details in DP-1 latest by 31/03/2015. Also  mandatory for all the dealers to Upload signature sheet of the owners and all authorized  signatories in DP-1 latest by 31/03/2015.




15-12-2014
-------------

-          On the suggestion of our BAR the CVAT has principally agreed for mitigating the penalty imposed in 2A2B mismatch upto 80% of unlimited amount. NOW pay tax & interest and avail mitigation of 80% penalty. He further agreed to continue this special drive in second week of January 2015. Members may avail this scheme or may opt to pursue their objection in normal course of Law.

 

 

 

-          On the request of our  BAR the BAR council of Delhi has agreed to organize again the camp on dated 16 december 2014 in the bar premises to update the status of advocate welfare fund. Facility of New Membership application, Dues clearance and acceptance application of the card of BAR Council OF DELHI shall be provided on the spot . Please bring your latest PP Size photograph in full uniform and bar council card or enrolement  certificate.



02-12-2014
-------------
Details of new application uploaded in DVAT Server. Circular available in DVAT Circular section in Library. 

24.11.2014
----------
The Department of trade & Taxes issued Circular No. 18 dated 24-11-2014 ( Available on Sales Tax Bar website at link http://salestaxbar.com/resource/DVAT_Circular.aspx) which is a special drive for disposal of objections related to mismatch cases for the year 2012-13. 



 

CIRCULARS & CLARIFICATIONS ISSUED UNDER DELHI VAT DURING THE YEAR 2014-15 

Subject

Date

Circular / ClarificationNumber 

 

Filing of online return for 2nd quarter of 2014-15 – extension of period thereof.

10-11-2014

16

link of restoration of Registration shall be available with the Assistant Commissioner/AVATO of Zone.

27-10-2014

15

Filing of online return for 2nd quarter of 2014-15- extension of period thereof

22-10-2014

14

Filing of reconciliation return for the year 2013-14.

26-09-2014

13

Regarding waiving off of penalty under the Amnesty Scheme.

11-09-2014

12

Reversal of Input Tax Credit under Section 10 of the DVAT Act, 2004 in respect of Credit Note/Debit Note related to discounts.

08-09-2014

11

Third proviso to section 74(1) of Delhi Value Added Tax Act, 2004 was inserted vide Notification No.F.14(6)/LA-2011/Iclaw/193 dated 28/09/11 which was made effective from 01/10/2011 vide Notification No. No.3(15)Fin.(Rev-I)/2011-12/ssf/113 dated 30/09/2011.

06-09-2014

10

Furnishing of advance information in respect of functions organised in Banquet Halls, Farm houses, Marriage/Party Halls, Hotels and Open Ground etc.

21-08-2014

9

Filing of online return for 1st quarter of 2014-15 – extension of period thereof.

08-08-2014

8

Regarding Amnesty Scheme

05-08-2014

7

Processing of Refund claims

05-08-2014

6

The reconciliation return in CST Form 9

05-08-2014

5

Filing of online return for 1st quarter of 2014-15 – extension of period thereof.

28-07-2014

4

The competent authority had allocated the court work of 2A-2B mismatch to special objection Hearing Authority (SOHA) vide order No. F.III/7/T&T/ Misc. / 2000/Estt./Pt.I/5410-16 dated 31-01-2014

26-06-2014

 

 

F.No. ACIT/2014/ Zone-V/258

Filing of online return for 4th quarter of 2013-14 - extension of period thereof.

28-04-2014

3

For digital signature for online filing of applications/returns etc.

23-04-2014

2

Filing of Return in Form 1 under Central Sales Tax Act, 1956.

15-04-2014

1



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