Govt launches crackdown against unregistered dealers
BY MPost7 Jun 2016 4:17 AM IST
MPost7 Jun 2016 4:17 AM IST
VAT Commissioner SS Yadav said the department had issued an advisory to thousands of dealers, whose annual turnover was more than Rs 20 lakh and were involved in inter-state sale or purchase, to get registered immediately.
According to the Trade and Taxes department, there are about 3.3 lakh dealers registered with it. However, it is estimated that there are at least 2 lakh more dealers, who qualify for registration, but have not got themselves registered so far.
“In the last one week, the department has sent enforcement teams to the premises of 10 unregistered dealers to carry out search and survey operations and has unearthed tax evasion worth crores of rupees,” Yadav said, adding that more such dealers would be surveyed by the department in the coming days.
He said the department would take strict action against unregistered dealers and would not spare any tax evaders.
“The government has also launched an awareness drive to educate people about legal provisions regarding registration under the Delhi Value Added Tax Act 2004 and the Central Sales Tax Act through print, electronic media and hoardings,” Yadav said.
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