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