Circular · Circular No. 11 of 2010-11 — Income Tax PAN of Registered Dealers
Section 2 — The matter regarding introduction of Goods & Services Tax system of taxation has been engaging the attention of the government for quite some time and the new tax regime is likely to be introduced with effect from 1* April, 2011. One of the major activities amongst others will be issuance of new registration numbers to all the existing dealers. To maintain uniformity, it has been decided that the registration number should be income tax PAN based
For issuing new registration number, PAN will be required. Sub-section (3)
of Section 95 of Delhi Value Added Tax Act, 2004 provides for intimation of
Permanent Account Number (PAN) issued under Income Tax Act, 1961 (43 of 1961)
in the manner prescribed in Sub-Rule (3) of Rule 18 of Delhi Value Added Tax
Rules, 2005. Every existing dealer had to intimate the PAN by 31 December 2005
in Form DVAT-52. The new registrants who are having PAN at the time of applying
for registration under DVAT have to mention the PAN in Item 8 of Registration
Related sections
- Section 3 — Application Form DVAT 04. The new registrants who have obtained PAN at a later date have to intimate the same within 15 days of obtaining the PAN
- Section 4 — by way of penalty, a sum of ten thousand rupees u/s 95(4) of DVAT Act, 2004. Ward officers are directed to find whether the dealers in their respective wards have complied with the aforesaid provisions. Penalty may be imposed and recovered in case of default
- Section 5 — System (DIS) module. The applications (DVAT-52) already received and lying un-entered may be entered in the system without further loss of time
- Section 6 — already applied for cancellation of registration in Form DVAT-09 may be cancelled expeditiously. Thereafter non-functioning dealers may be considered for cancellation