Tarun Karthick
Sri Vijaya Puram, 16 December 2024
The Andaman and Nicobar Value Added Tax Regulation, 2017, and Value Added Tax Rules, 2020, require strict adherence from dealers trading in specified goods. The goods under the purview of VAT in the Andaman and Nicobar Islands include:
- Petroleum Products: Petroleum crude, high-speed diesel (including for ships), petrol, natural gas, and aviation turbine fuel.
- Alcoholic Beverages: Indian-made foreign liquor (IMFL) and beer.
Dealers involved in the sale of these goods must comply with the VAT Regulation by issuing proper tax invoices upon request from consumers, as mandated by Section 50 of the A & N VAT Regulation. Additionally, dealers are required to maintain detailed records under Section 48(6) of the Regulation.
Consumer Advisory
Consumers purchasing the aforementioned goods are encouraged to request and verify tax invoices for every transaction. These invoices must include:
1. The words “Tax Invoice” displayed prominently.
2. Details of the selling registered dealer, including name, address, and registration number.
3. The name and address of the purchaser, along with their registration number (if the purchaser is a registered dealer).
4. A unique invoice number, date, description, quantity, value of goods sold, and applicable tax details.
This advisory aims to ensure awareness among consumers and promote compliance with VAT regulations. Consumers are urged to report any irregularities or non-compliance by dealers to the concerned authorities.
For further information, refer to the Andaman and Nicobar VAT Regulation, 2017 and VAT Rules, 2020.