Section 17 of Delhi Value Added Tax 2004 - Transactions between
What is the treatment of Transactions between related parties?
Section 17 of DVAT Act 2004
Section 17 : Transactions between related parties - Delhi Value
Added Tax Act 2004
(a) a registered dealer sells or gives goods to a related
(b) the terms or conditions of the transaction have been
influenced by the
(c) the related person had purchased the goods, the related
person would not be entitled to a tax credit for the purchase,
or the amount of the tax credit would be reduced under
sub-section (3) of section 9 of this Act;
the transaction shall be deemed to be a sale made by the
registered dealer and the sale price of the goods shall be
deemed to be their fair market value.