Dear Experts,
Please guide which form to fill for goods sent for exhibition.Its urgent.
2 Replies
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 03 June 2015
@ Renu Dutt
If you're exhibited your goods at your own in the exhibition by your own supplements, then you have to get registered as Casual Trader (if not registered under DVAT Act yet).
When You are registered under DVAT, if you are sending goods for the exhibition to another dealer or party (whether registered or not), who have to fill normal sale bill to casual dealer.
It must assure that there must proper stock record for the goods sent and proof of movement of goods and due tax must be paid by the party within time prescribed.
If not comply with the provisions of DVAT for exhibition cum sale , then as per Sec 86 (23) there shall be penalty of Rs. 50000/- or the amount of tax payable (whichever is higher).
Regards & Thanx
Piyush Tanwar
Internal Auditor cum Senior Executive
(Finance & Accounts)
Swagatam Tours Private Limited
New Delhi
Mobile : +91 9717468521
Email - capiyushtanwar91 @ gmail.com
Aviral
(finance)
(77 Points)
Replied 24 August 2015
if assesee registered under dvat, taking part in exhibition i.e. taking stall.
then do we need to intimate dvat abt exhibition
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