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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Check the dvag properly and feed the data in return carefully. What is the amount of penalty that dvaf be levied by VAT officer in respect of mismatch report. Click Here The Companies Act,a historic legislation which intends to improve corporate governance and empower shareholders. What are the reasons of Mismatch. A in his form 2A wrongly shows. Suresh Sehgal 4 June at At what rate Interest would become payable by the dealer.

The difference in Vat value Rs. However, in reverse case i. Who receive notice of Mismatch. Check the invoice properly and if it is tax Invoice and TIN of both dealers is mentioned on the same, only then input should be taken by the buyer.

Procedure for Annexure 2A 2B and 2C 2D in DVAT

Above, reasons for Mismatch have been described below: The buyer can view the report on the website of department immediately after filing of Annexure 2B by corresponding sellers. In this case, xvat will be penalised for no default on his part but if this would be the reverse case, the mismatch report will be generated without any penalty being levied on fkrm buyer.

Regulators too are increasingly relying on professionals in achieving better governance and Independent professionals are seen as an extended arm of the government.

P ost written by CA Usha Garg. You may also mail your queries at mail klaggarwal.

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. 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 dvt the Annexure 2A of buyer and Annexure 2B of seller is done, mismatch arises and vice-versa.


All Types of Sales, whether local, central or export is shown in Annexure 2B.

Nil sales – purchase form 2a, 2b filing

After assessment of Annexure 2A and 2B, following types of result get displayed: NoNot at all. The document will provide you information about the punishable offences, prosecutions and the quantum of penalties that can be imposed under the law. This type of error occurs due to products having multiple tax rates purchased from a single dealer or issue of one invoice for multiple tax rated products.

Time period to revise the return is within one year from the end of the financial year of tax period to which the original return relates. This type of problem mainly occurs in case of invoices with the last date of the tax period as the invoice dvxt or on receipt of invoices after the last date of the tax period to which such invoice pertains.

No Mismatch Type 2: The corporate sector will be required to exhibit responsible self-regulation and corporate governance on their part, which necessitates the services of independent, competent and responsible governance professionals. Thus they gorm avoid this mismatch by filling this column. Unknown 25 June at Sir ,please tells me procedure step by step how to revised Dvat return in case of mismatch report. Filing an appeal to Appellate Authority. Following details are required to be given in Form2A.

Following can be the reasons of mismatch.

Mismatch Report after filing the DVAT Return | Klaggarwal

Since, it is the responsibility of the purchaser to provide correct information to the department as he is willing to claim Input Tax Credit against output VAT liability.

If the dealer fails to pay VAT demand within the time as may be specified in the demand order, then he shall be liable to pay Interest in addition to VAT payable at the rate of 1. The details so filed are cross checked across dealers whose TIN is mentioned in the return and a mismatch report 2A is generated.


We would be happy to help. Sometimes, Input tax credit is taken on tax charged on retail invoice and thus wrong input claimed on retail invoice will result in mismatch. Amount of penalty that can be levied on Dealer: To avoid this mistake, seller should issue the invoice timely and back dated invoice should not be issued.

Feed the data in return carefully and before submitting the return, check whether all invoices have been entered or not. Thus, Buying Dealer has claimed more input and he will be penalised for no default on his part.

Is it possible to waive of Penalty. Click Here Penalties and Dorm Default in complying with provisions of or with conditions prescribed under the Income-tax Act would foem certain penalty and in critical cases prosecutions as well. A purchase goods from Mr. If purchaser provide incorrect information at higher value then it will create additional VAT Liability to him only which is beneficial to Department.

This may happen because of the following reasons: B in his form 2B correctly shown the sales at.

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. It can better be understand with the help of an illustration. Feed the data in return carefully.

If the dealer is aggrieved with the order passed by Appellate Authority then he can file second appeal to Sales Tax Appellate Tribunal. Is it possible to waive off Interest in an appeal or otherwise. However, if because of deficiency, tax liability arises then dealer has to pay tax along with interest.

Vdat now there is a column in Annexure 2A which asks whether this purchase relates to previous quarter.