CONTENTS

 

DAMAN AND DIU VALUE ADDED TAX

REGULATION, 2005

 

CHAPTER I

PRELMUNARY

 

1.         Short title, extent and commencement   

2.         Definitions

                                               

CHAPTER II

INCIDENCE AND LEVY OF TAX

 

3.         Incidence of tax                                   

4.         Rates of tax                                         

5.         Determination of taxable turnover                     

6.         Sale of certain goods exempt from levy of tax   

7.         Certain sales not liable to tax    

8.         Adjustments to tax.                  

9.         Tax credit                                            

10.       Adjustment to tax credit           

11.       Calculation of net tax   

12.       Time at which turnover, turnover of purchases and adjustments arise

 

CHAPTER III

SPECIAL PROVISIONS RELATING TO USED GOODS, COMPOSITON OF TAX,

AND TRANSACTION BETWEEN RELATED PERSONS, ETC.

 

13.       Provisions of this Chapter to override provisions of Chapter 11

14.       Treatment of stock brought forward during transition    

15.       Levy of tax and availing of tax credit on used goods      

16.       Composition scheme for specified dealers        

17.       Transactions between related persons  

           

CHAPTER IV

REGISTRATION AND SECURITY

 

18.       Compulsory and voluntary registration  

19.       Registration                                         

20.       Effect of registration                             

21.       Amendment of registration       

22.       Cancellation of certificate of registration

23.       Effect of cancellation of certificate of registration           

24.       Registration during transition     

25.       Requirement of furnishing security                     

                       

CHAPTER V

RETURNS

 

26.       Furnishing of periodical returns 

27.       Furnishing of other returns        

28.       Furnishing of revised return for rectification of mistake  

29.       Signing returns             

 

CHAPTER VI

ASSESSMENT AND PAYMENT OF TAX, INTEREST AND

PENALTIES AND MAXING REFUNDS

 

30.       Assessment of tax, interest or penalty   

31.       Self assessment            

32.       Default‑assessment of tax payable        

33.       Assessment of penalty              

34.       Limitation on assessment and re‑assessment     

35.       Collection of assessed tax and penalties

36.       Manner of payment of tax, penalties and interest           

37.       Order of application of payments         

38.       Refunds                                   

39.       Power to withhold refund in certain cases         

40.       Collection of tax only by registered dealers       

41.              Refund of tax for embassies, officials, international and public organisations.                  

42.                                                              Interest                                    

 

CHAPTER VII

RECOVERY OF TAX, INTEREST AND PENALTIES

 

43.       Recovery of tax                       

44.       Application of Goa, Daman and Dui Land Revenue Code, 1968 for purposes of recovery        

45.       Continuation of certain recovery proceedings    

46.       Special mode of recovery        

47.       Transfer of assets during tendency of proceedings void 

 

CHAPTER VIII

ACCOUNTS AND RECORDS

 

48.       Accounts and records              

49.       Accounts to be audited in certain cases

50.       Tax invoices                            

51.       Credit and debit notes              

 

CHAPTER IX

LIABILITY IN SPECIAL CASES

 

52.       Liability in case of transfer of business  

53.       Liability in case of company in liquidation          

54.       Liability of partners of firm to pay tax   

55.       Liability of guardians, trustees, etc.

56.       Liability of Court of Wards, etc.           

57.       Liability in other cases              

 

CHAPTER X

AUDIT, INVESTIGATION AND ENFORCEMENT

 

58.       Audit                                       

59.       Inspection of records   

60.       Power to enter premises and seize records and goods  

61.       Power to stop, search and detain goods vehicles          

62.       Custody and release of records

63.       Custody, return and disposal of goods, goods vehicle and security        

64.       Detention of goods pending disclosure  

65.       Obligation to provide reasonable assistance      

 

CHAPTER XI

VALUE ADDED TAX AUTHORITIES AND APPELLATE TRIBUNAL

 

66.       Value Added Tax Authorities   

67.       Powers and responsibilities of Commissioner    

68.       Delegation of Commissioner's powers  

69.       Change of an incumbent of an office     

70.       Power of Commissioner to notify certain forms 

71.       Persons to be public servants   

72.       Immunity from civil suit 

73.       Appellate Tribunal       

 

CHAPTER XII

APPEALS, DISPUTES AND QUESTIONS

 

74.       Appeals                                               

75.       Power of Commissioner and other authorities to take evidence on oath, etc.                              

76.       Appeals to Appellate Tribunal  

77.       Extension of period of limitation in certain cases

78.       Burden of proof                       

79.       Bar on appeal against certain orders     

80.       Assessment or proceedings, etc., not to be invalid on certain grounds    

81.       Statement of case to High Court           

82.       Appearance before any authority in proceedings           

83.       Bar of suits in civil courts          

84.       Determination of specific questions       

85.       Ruling on general questions      

 

CHAPTER XIII

PENALTIES AND OFFENCES

 

86.       Penalties                                  

87.       Reduction or increase of penalty in certain cases           

88.       Imposition of penalties notwithstanding of assessment   

89.       Offences and criminal penalties 

90.       Offences by companies and Hindu undivided family, etc.           

91.       Cognizance of offences

92.       Investigation of offences           

93.       Compounding of offences        

94.       Chapter XXXVI of Code of Criminal Procedure, 1973, not to apply to certain offences           

 

CHAPTER XIV

MISCELLANEOUS

 

 

95.       Dealer to declare the name of manager of business.      

96.       Service of notice when family is disrupted or firm is dissolved    

97.       Service of notice in case of discontinued business         

98.       Returns, etc., to be confidential

99.       Publication and disclosure of information in respect of dealers and other persons in public interest          

100.     Power to collect statistics         

101.     Setting up of check‑post and barriers   

102.     Power to make rules    

103.     Power to amend Schedules      

104.     Power to remove difficulties     

105.     Transitory provisions    

106.     Repeal and savings      

 

THE FIRST SCHEDULE‑LIST OF EXEMPTED GOODS    

 

THE SECOND SCHEDULE‑LIST OF GOODS TAXED AT ONE PER CENT.      

 

THE THIRD SCHEDULE‑LIST OF GOODS TAXED AT FOUR PER CENT.

 

THE FOURTH SCHEDULE‑LIST OF GOODS TAXED AT TWENTY PER CENT.

 

THE FIFTH SCHEDULE‑LIST OF ORGANISATIONS, WHICH CAN CLAIM REFUND

           

THE SIXTH SCHEDULE‑LIST OF NON‑CREDITABLE GOODS