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September 2012

Grant of Registration and Administrative Relief to Developers – Trade Circular No.14T of 2012 dated 06.08.2012

By Tarun Ghia, Brijesh Cholera, Pratik Mehta Chartered Accountants
Reading Time 1 mins
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Vide this Circular, the Commissioner has announced a grant of administrative relief to builders and developers. If the builders and developers are not registered under the VAT Act, then they were required to apply for VAT TIN on or before 16.8.2012 to get benefit of this circular. Further, they are also required to pay all taxes and upload all the returns from 20.6.2006 till date and apply for administrative relief on or before 31.8.2012.

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