Wednesday, 3 July 2013

DVAT - DP-1 WHAT TO DO


DVAT -Form DP 1
WHAT TO DO

TO SEE THE EXCEL UTILITY OF FORM DP-1 
PLEASE CLICK HERE

Information given in this form is very vital, as it is through this data that the department shall issue you a new RC with all your correct information currently updated, even if there is an amendment application lying pending with the department.
If you provide the current position of your firm up to date then your new RC shall reflect that correct information provided in this form.

WHO shall file
All dealers
registered with the VAT Department
as on 31.03.2013
HOW
ONLINE
using Login ID and Password.
WHAT INFORMATION IS ASKED FOR
The form DP-1 is divided into 4 parts i.e
Part-A General Information
Part-B Information of persons interested in business.
Part-C Additional Place of Information.
Part-D Information about Authorised Signatory.
Each part can be filled up separately and saved online.
LAST DATE TO FILE
The last date for filing Form DP-1 as extended based on the turnover of the Dealer in FY- 2012-13 is as under:
TURNOVER
LAST DATE
More than or equal to Rs. 50 Lakhs
7th July
More than or equal to Rs. 25 Lakh but less than Rs. 50 Lakh
14th July
Less than Rs. 25 Lakh
21st July
Areas of concern and their solution.
PART A
Point 1D
Date of original registration
On the RC there are 2 dates mentioned.
Date of liability and
The date of validity.
HERE WE HAVE TO MENTION THE DATE OF VALIDITY.
Point 2
Nature of Business
You can tick more than one applicable field.
Take note of the field Interstate Purchaser and Interstate Seller, do tick wherever applicable.
Point 5A
Turnover in Preceding year

Turnover for FY 2012-2013
Point 5B.
Whether dealt in only intrastate(local) sales/purchases transactions during:
The information asked here is that whether the dealer has dealt in only Local Sales and Local Purchases during these years
Point 6B.
If the name on PAN card is different from 1B, then Name appearing on PAN Card
Mention the PAN and the name very carefully as per NSDL database, PAN mentioned must be active as per IT dept. Records. A mistake in filling this field shall render your information incorrect.
Point 8- (l) & (m)
Address of Principal Place Of Business
Please mention the Approximate open area & covered area of Principal place of Business.
In case you choose “multiple floors
Then while mentioning area add the area of all the floors used e.g. area used is:
Ground      350 Sq Mtrs.,
Basement 125 Sq Mtrs..
Then you shall enter 475 Sq Mtrs. In the area field
Point 10
Details of all Bank Accounts
Give detail of ALL bank accounts of the Dealer.
Point 12
Commodities Details:
Based on information filled in this field commodities shall be mentioned on your RC
This is the most crucial field in the entire form:
If the dealer is registered under both Local and Central Acts:
Then each item has to be added twice
Once under Local tab
And then under Central Tab.
Under the Central Tab further information shall be asked i.e. PURPOSE (Resale, use in mining, etc.)
PART B
Particulars Of Person
[Proprietor/Karta/Partners/Directors in the Business/
Members Of Executive Committee of Societies, Clubs etc.]
Having Interest In Business.
Below
Point 7
If the Authorised signatory is one or more of these persons then tick Yes in the field below point 7, this shall help to auto fill Part D.
Director or Partner Outside India.
Select State outside India
For such person PAN is not Mandatory
However PASSPORT is mandatory
PART C
Point 5 Area In Sq Mtrs
Point 6 Area In Sq Mtrs
These fields are not mandatory for details of premises
OUTSIDE DELHI
IN PART C THERE IS NO PROVISION TO ADD PREMISES OUTSIDE INDIA
Point 9 Ward
Ward of the additional place according to geographical location is to be mentioned.
PART D
Information for Authorized Signatory
Information is to be provided for all the authorized persons . Please note that if you select authorized person status in Part B then this field shall be auto populated with details of those persons.

In Part C and Part D
The save button acts as
add button
for entering information for more than on premises or more than one authorized signatory.

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