State Act

The Daman and Diu Value Added Tax Regulation 2005

This Act was repealed on 26 January 2020 by the Dadra and Nagar Haveli and Daman and Diu (Repeal) Regulation, 2020 (5 of 2020), s.2(1) and Schedule item (1); it may still apply to matters that began before then.

18. (1) Every dealer shall apply for grant of certificate of registration under this Regulation if— (a) the turnover of the dealer in the year immediately preceding the commencement of this Regulation exceeded the taxable quantum; or (b) the turnover of the dealer in the year during which this Regulation comes into force or any year thereafter, exceeds the taxable quantum; or (c) the dealer is liable to pay tax, or is registered or required to be registered under the Central Sales Tax Act, 1956: Provided that a dealer dealing exclusively in goods mentioned in the First Schedule shall not be required to obtain certificate of registration under this Regulation. (2) For the purposes of this Regulation, “taxable quantum” of a dealer shall be five lakh rupees, or such other amount as may be specified, by the Government, by notification: Provided that in the case of a dealer who imports for sale any goods into the Daman and Diu, the taxable quantum shall be “Nil” or such other amount as may be specified, by. notification, by the Government. (3) For the purposes of this section, in case of dealers involved in execution of works contracts, the taxable quantum shall be calculated with reference to the total contract amount received. (4) The taxable quantum of a dealer shall not include turnover from— (a) the sales of capital assets; (b) the sales made in the course of winding up business of the dealer. (5) Any person, who is not required by sub-section (1) to be registered, but who is a dealer; or intends from a particular date to undertake the business which would make him a dealer, may apply for grant of certificate of registration.