VAT Items

This query is : Resolved 

15 February 2008 Can a registered dealer under VAT/CST
deal in any item any time or required
amendement under DVAT form 7 every time?

16 February 2008 He has to fill the amendment form for change in category of goods or commodity.

19 February 2008 In my opinion as far as DVAT is concerned no amendment is required in such a case. This was mandatory in DST because in that Act the dealer was authorised to purchase only those items against forms which were mentioned in the RC.Under DVAT you have to pay tax on whatever you purchase. Moreover there is no such column in DVAT-07.


21 February 2008 Parvinji, thanks for the reply, but this
means the dealer of DVAT can sell/purchase
any items and pay Vat and get credit of vat



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