DVAT – Form T 2 form when to fill, what
to do?
The Trade and Taxes Department Delhi has issued a notification
dtd. 17/05/2013 clarifying the requirements with regard to Form - T2
applicable to Purchasers/ Importers/ Dealers who are receiving goods from
outside Delhi.
Applicable to Whom
|
- Dealers having GTO
- more than or equal to
- Rs. 10 crores in the FY 2011-12.
|
Exemption
|
- Dealers
dealing exclusively in Tax Free Goods need not file T2.
|
What if the turnover was not 10 crore in 2011-12 but exceeds limit
in any subsequent year?
|
- T-2
shall become applicable from such subsequent year in which T/o exceeds
Threshold limit.
|
What if Turnover is 10 crores
or more in one FY for example 2011-12
And then in subsequent FYs
T/o is below 10 Crores what is the liability regarding T-2?
|
- Once the dealer becomes liable he shall have to file T-2 for all
times to come.
- Even if T/o in subsequent FY is below 10 Crores. (Explanation to
notification)
|
What to file in Form T-2
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- Details of invoices and G R No.,
- Details of Goods which are required to enter the state of Delhi for
any reason i.e Purchase, stock transfer, consignment, branch transfer.
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When to file form T-2
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- The form is to be filed online by the purchaser/ receiver of goods
- before the goods enter the boundary of Delhi.
|
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What if I don’t have the Vehicle number right now?
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- Fill form w/o vehicle number
- Then revise within 48 hours of the goods entering Delhi and provide
vehicle number.
- But till that time you can’t
- Dispose off/Sell/Dispatch
these goods.
|
In case the goods are imported from NCR
and Goods vehicle is owned by supplier
|
- Where in such case carrying a GR is not possible
- Fill Form DVAT-32 and carry a copy of the same with the vehicle.
- AND In such a case the vehicle number should be reported in Form T-2
before the goods enter Delhi
- and option to report within
48 hours is not available.
|
Requirements for the Transporter
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- The transporter is required to obtain a hard copy of the Form -T2
- with or without the vehicle number and carry it in the vehicle with
the goods.
- Where the vehicle number is reported in the next 48 hours the
transporter is required to take the copy of the revised Form -T2 and retain
it.
|
COPY OF THE NOTIFICATION IS AS UNDER
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