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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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Is it possible to waive off Interest in an appeal or otherwise. Suresh Sehgal 4 June at Unknown 25 June at for, Thus they can avoid this mismatch by filling this column.

Mismatch Report after filing the DVAT Return

A in his form 2A wrongly shows. Check the invoice properly and feed the data in return carefully. All Types of Purchases, whether local, central or import is shown in Annexure 2A. 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.

NoNot at all. Sometimes, Input tax credit is taken on tax charged on retail invoice and thus wrong input claimed on retail invoice will result in mismatch. 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.

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

DVAT – Annexure 2A and 2B

All Types of Sales, whether local, central or export is shown in Annexure 2B. In this case, buyer 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 the buyer.

However, in reverse case i.

Click Here The Companies Act,a historic legislation which intends to improve corporate governance and empower shareholders. 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.

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What are the reasons of Mismatch. 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. To avoid this mistake, seller should issue the invoice timely and back dated invoice should not be issued.

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. The details so filed are cross checked across dealers whose TIN is mentioned in the return and a mismatch report 2A is generated.

Who receive notice of Mismatch. 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.

What is the amount of penalty that can be levied by VAT officer in respect of mismatch report. At what rate Interest would become payable by the dealer. 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. 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.

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: Filing an appeal to Appellate Authority.

Check the invoice properly and if it is tax Invoice and TIN of both dealers is mentioned on the same, only 2g input should be taken by the buyer. Above, reasons for Mismatch have been described below: Amount of penalty that can be levied on Dealer: If the dealer is aggrieved with the order passed by Appellate Authority then he can file second appeal to Sales Tax Appellate Tribunal.

To correct the deficiency, dealer has to revise the Form DVAT along with explanatory note specifying the mistake or rvat for which a revised return has to be filed. Yes, It is possible to waive off penalty through an appeal made to Appellate Authority with 30 days from the date of order.


This type of problem mainly occurs in case of invoices with the last date vvat the tax period as the invoice date or on receipt of invoices after the last date of the tax period to which such invoice pertains.

The difference in Vat value Rs. A purchase vdat from Mr. Following details are required to be given in Form2A. If seller does not show the sale invoice in Annexure 2B but buyer has already shown the purchase invoice in Annexure 2A, more input has been claimed by the buyer that has not been passed by seller giving rise to mismatch report. 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 2z seller is done, mismatch arises and vice-versa.

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

Flrm Mismatch Type 2: We would be happy to help. P ost written by CA Usha Garg. Is it possible to waive of Penalty.

Determination of undisclosed income of block period Section BFA 2. Regulators too are increasingly relying on professionals in achieving better governance and Independent professionals are seen as an extended arm of the government.

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

The buyer can view the report on the website of department immediately after filing of Annexure 2B by corresponding sellers. Popular posts from this blog. B in his form 2B correctly shown the sales at. The document will provide you information about the punishable offences, prosecutions and the quantum of penalties that can be imposed dvt the law.