As we know that every dealer is required to get himself registered under DVAT, if his turnover exceeds taxable quantum i.e. Rs. 20 lakh in current year; or to pay tax, or is registered or required to be registered under Central Sales Tax Act, 1956.

Department has been focusing on “Easy of Doing Business” and to proceed it further the Department of Trade & Taxes, Govt. of NCT of Delhi, has decided to easy the procedure for granting of registration as under:

• Dealer applying through DVAT M Sewa app would be granted registration within one day, for which VAT verification is not required
• Dealer while applying for registration is no longer mandatorily required to give his Bank Account details. However if he doesn’t provide Bank Account details at the time of registration, shall provide Bank Account details on or before filing of his first return.
• Registration Certificate(digitally signed) can be downloaded by applicant within one day, applying through M Sewa app. This replaced the practice of granting provisional certificate.

Source: Circular No. F.3(521)/Policy/VAT/2015/1046-51 dated 13-01-2017

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CS Anuj Malik

Mr. Anuj Malik is a CS (Company Secretary) as well as law graduate (LL.B.). He is an associate member of the Institute of Company Secretaries of India (ICSI) for 9 years. He has-
• dealt with over a thousand of Indian laws (Including Central, State, and local) which are applicable to business corporations.
• dealt with over a thousand laws of 25+ countries (including USA, UK, China, France, Malaysia, Mauritius, Nigeria, South Africa, Korea, Singapore, Germany, Australia, Netherlands, Ireland and so on).
• over 9 years of experience in identification and execution of regulatory compliances.
• over 9 years of experience in Compliance Management Tool (GRC Tool).
• over 9 years of experience in legal research and advisory.
• years of experience in preparation of legal content (including compliance checklists and compliance calendars)
He has been associated with Lexcomply for around 10 years and currently working as a Senior Manager- Global Compliance.