Public Notice

Delhi VAT Dealers – Caution in Purchases against Tax Invoices

·         Buy goods from a trusted seller who files return and thereby pays due tax collected from you.

     ·        Mere 2B statement filing by selling dealer not sufficient – selling dealer          needs to back it up with return.

    ·         Some selling dealers disappear before last date of filing returns - Not             only would you lose input tax credit and pay the same with interest and         penalty but also face criminal prosecution for producing tax invoices from         such selling dealers.

 Strict Civil & Criminal action has started against defaulting selling and purchasing dealers who are benefitting from such bogus tax invoices.

The Department will in future, pending enquiry, place names of such dealers under category of doubtful dealers on its website.

Regards

CA. Mona Singhal

Partner

Arpit Gupta & Associates

Chartered Accountants

701, Nirmal Tower,

26, Barakhamba Road,

Connaught Place, Delhi-110001

Mobile:- 8130711885, 9873082769 

Website: www.caaga.co.in