OFFICE OF THE COMMISSIONER; VALUE ADDED TAX VALUE ADDED TAX DEPARTMENT IP ESTATE, NEW DELHI — The Delhi Value Added Tax, 2004

OFFICE OF THE COMMISSIONER; VALUE ADDED TAX VALUE ADDED TAX DEPARTMENT IP ESTATE, NEW DELHI No. F.663-813 Dated 26/04/2005 CIRCULARNQ OL OF 2005-06 Non-Requirement of Security in case of Govt: Organisations, PSUs, Govt: Undertakings, etc: Exemptions were granted to various Govt. Organisations, Govt. undertakings, PSUs etc. such as Canteen Stores Department, from levy of Sales Tax by the Govt. of NCT of Delhi under rule 11 of the Delhi Sales Tax Act; 1975. Since 1/04/05 the Delhi Sales Tax Act; 1975 has been repealed these organizations are now coming up for getting registration under the Delhi Value Added Tax 2004 as the exemptions granted to them under the repealed DST Act stands withdrawn W.e.f: 01/04/2005. Under sub-section (1) of Section 25, Commissioner may require security from certain class of dealers as a condition for registering a person as a dealer_ However_ under sub-section (2) the Commissioner may waive the prescribed amount of the security having regard to the creditworthiness of the person_ Therefore, in exercise of powers conferred under sub-section 2 of section 25 of the DVAT Act; 2004, the Commissioner hereby withdraws the condition of security in respect of registration of Govt: Organisations, PSUs, Govt Undertakings, etc. under the said Act. (RK VERMA) COMMISSIONER VAT Copy for immediate follow up action to 1_ PS to CST 2_ PS to Addl. CST I I, III & IV 3_ All Joint Commissioner/Dy. Commissioners 4_ All Assessing Authorities 5. Manager (EDP) with the request to make arrangement for circulation on web site_ 6_ President; Sales Tax Bar Association, New Delhi. 7. Guard file_ (SS: GHONKROKTA) JOINT COMMISSIONER (VATPPOLICY)