What are Annexure 2A-2BQuarterly purchase and Sales Details are to be submitted to VAT Department in Annexure Procedure for Annexure 2A 2B and 2C 2D in DVAT Form Name and Due Date of VAT Return. Nil 2A & 2B can be filed after loging into the DVAT website and then go to Approval forms under the heading file 2A & 2B and check the option. DVAT – Annexure 2A and 2B. Download Preview. Description: DVAT- Purchase and Sales Summary #xls. Submitted By: Madan Kumar Misra.

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Vat form 2a and 2b

dvay Check the invoice properly dcat if it is tax Invoice and TIN of both dealers is mentioned on the same, only then input should be taken by the buyer. It may be possible that the Selling Dealer has shown lesser amount of sales in Annexure 2B due to typing mistake but the Buying Dealer shows the correct more amount of purchases in Annexure 2A. Is it possible to waive off Interest in an appeal or otherwise.

Following details are required to be given in Form2A. Sometimes, seller shows the net amount of sales in Annexure 2B but buyer shows the gross amount of purchases in Annexure 2A and purchase return in Annexure 2D and also show the amount of purchase return in DVAT ,thus when cross checking of the Annexure 2A of buyer and Annexure 2B of seller is done, mismatch arises and vice-versa. To avoid this mistake, seller should issue the invoice timely and back dated invoice should not be issued.


B in his form 2B correctly shown the dvwt at.

Dbat posts from this blog. Mismatch 1 Difference in the amount of Sales and Purchases: Click Here The Companies Act,a historic legislation which intends to improve corporate governance and empower shareholders. Yes, It is possible to waive off penalty through an appeal made to Appellate Authority with 30 days from the date of order.

Download DVAT – Annexure 2A and 2B file in xls format

The corporate sector will corm required to exhibit responsible self-regulation and corporate governance on their part, which necessitates the services of independent, competent and responsible governance professionals. All Types of Purchases, whether local, central or import is shown in Annexure 2A. P ost written by CA Usha Garg. No Mismatch Type 2: At what rate Interest would become payable by the dealer.

Amount of penalty that can be levied on Dealer: Section 92 of the Companies Act, requires every company to prepare an Annual Return, a comprehensive document which contains information of a company rela….

The Act has incorporated a framework which is based on self-regulation but with enhanced disclosures and accountability on the part of companies and their managements. It can better be understand with the help of an illustration.

Should you need any support, fill the query form below. To correct the deficiency, dealer has to revise the Form DVAT along with explanatory note specifying the mistake or error for which a revised return has to be filed.

If purchaser provide incorrect frm at higher value then it will create additional VAT Liability to him only which is beneficial to Department. Is it possible to waive of Penalty.


Nil sales – purchase form 2a, 2b filing – VAT Forum

Sometimes, Input tax credit is taken on tax charged on retail invoice and thus wrong input claimed on retail invoice will result in mismatch. Suresh Sehgal 4 June at NoNot at all. What is the amount of penalty that can be levied by VAT officer in respect of mismatch report.

We would be happy to help. If the mismatch arise due to mistake in DVAT return then it can easily be rectified by revising the return either by Seller or by Purchaser, if the revise period is still available.

Nil sales – purchase form 2a, 2b filing

This may happen because of the following reasons: Thus, Buying Dealer has claimed more input and he will be penalised for no default on his part. The buyer can view the report on 2n website of department immediately after filing of Annexure 2B by corresponding sellers.

Feed the data in return carefully and before submitting the return, fotm whether all invoices have been entered or not. Thus they can avoid this mismatch by filling this column. Click Here Penalties and Prosecutions Default in complying with provisions of or with conditions prescribed under the Income-tax Act would attract certain penalty and in critical cases prosecutions as well.