Section 32 of Delhi Value Added Tax Act 2004 - Default assessment of
What is the consequence of Default assessment of tax payable?
Section 32 of DVAT Act 2004
Section 32 : Default assessment of tax payable - Delhi Value Added
Tax Act 2004
Rule 36 Form 24
(1) If any person ?
(a) has not furnished returns required under this Act by the
prescribed date; or
(b) has furnished incomplete or incorrect returns; or
(c) has furnished a return which does not comply with the
requirements of this Act; or
(d) for any other reason the Commissioner is not satisfied
with the return
furnished by a person;
the Commissioner may for reasons to be recorded in writing
assess or reassess to the best of his judgment the amount of net
tax due for a tax period or more than one tax period by a single
order so long as all such tax periods are comprised in one year.
(1A) If, upon the information which has come into his
possession, the Commissioner is satisfied that any person who
has been liable to pay tax under this Act in respect of any
period or periods, has failed to get himself registered, the
Commissioner may for reasons to be recorded in writing, assess
to the best of his judgment the amount of net tax due for
such tax period or tax periods and all subsequent tax periods.
(2) Where the Commissioner has made an assessment under this
section, the Commissioner shall forthwith serve on that person a
notice of assessment of the amount of any additional tax due for
that tax period.
(3) Where the Commissioner has made an assessment
under this section and further tax is assessed as
owed, the amount of further tax assessed is due and
payable on the same date as the date on which the
net tax for the tax period was due.
Explanation.- A person may, if he disagrees with the notice
of assessment, file an objection under section 74 of this Act.