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Indirect Tax Laws Gopika Juneja, Lovely Professional University

Notes Unit 13: Registration of Dealers

CONTENTS
Objectives

Introduction
13.1 Registration of Dealers

13.2 Classification and Value
13.3 Procedure of Assessment
13.4 Types of Income Tax Return

13.5 Types of Assessment
13.5.1 Self Assessment U/S 140A
13.5.2 Scrutiny Assessment U/S 143(3)
13.5.3 Best Judgement Assessment U/S 144

13.5.4 Income Escaping Assessment U/S 147
13.6 Summary
13.7 Keywords

13.8 Review Questions
13.9 Further Readings

Objectives

After studying this unit, you will be able to:

 Understand the concept of State, Dealer, Declared Goods
 Know about the principles for determining where sale or purchase of goods takes place
 Understand when sale or purchase in the course of import or export take place

 Determine the taxable turnover
 Elaborate the registration of dealers
 Know how and when central sales tax is imposed

Introduction

Every manufacturer of excisable goods is required to get himself registered before commencing
production. Similarly every importer or dealer desiring to issue CENVAT invoices should also
get himself registered. There is no fee for registration and a factory or unit is to be registered
once only. There is no requirement of renewing the registration. The registration is valid only
for the premises it is granted. Thus, the manufacturer or dealer having more than one premises
is required to obtain a separate registration for each premises from the respective Range
Superintendent having jurisdiction over the premises, whether it be a factory or a depot/branch
office desiring to issue Cenvat invoices. If a manufacturer desires to start production of a new
product he should get his registration certificate duly endorsed to this effect. The Registration

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