4. Annual reconciliation statement
(1) In addition to the returns required under rule 3, every dealer shall also furnish to the commissioner, a reconciliation return for a year in Form 9 relating to receipt of declaration(s)/certificate(s) (hereinafter referred to as "statutory forms') within a period of six months from the end of the year to which it relates. The return should be filed electronically:
Provided that the return can be filed for a quarter or more than one quarter of the year, any time during the year but not later than the limitation period specifies in sub-rule (1).
Provided also that the provision of sub-rule (5) of rule 5, clause (a) of sub-rule (5) of rule 7, sub-rule (2) of rule 9, rule 6A annd rule 6B shall not apply in so far as periodicity of filing of reconciliation return and furnishing of declaration(s)/ certificate(s) is concerned.
(2) The statutory forms received in original, in lieu of concessional sale or stock transfer shall be retained by the dealer with him. The commissioner may direct the dealer to furnish such forms as and when required by him during a period of seven years from the end of the year to which the forms relate.
(3) The return in Form 9 may be revised by the end of the financial year next to which it relates:
Provided that the commissioner may extend the period of revision by three months after end of the limitation period of revision.
Provided further that notwithstanding anything contained in these rules or the DVAT rules, 2005, no further extension in the time period for such revision shall be permissible.
Explanation: The word "year" and "quarter" for the purposes of these rules have the same meaning as defined in Dvat Act, 2004 and rules framed there under. |