Port Blair, Dec 01: Upon Promulgation of Andaman and Nicobar Value Added Tax Regulation, 2017, and Value Added Tax Rules, 2020, the following goods fall under the purview of Value Added Tax in the Andaman and Nicobar Islands:
• Petroleum Products: Petroleum Crude, high Speed Diesel, High Speed Diesel (Ship), Petrol , Natural Gas, Aviation Turbine Fuel.
• Alcoholic Beverages: Including Indian-made foreign liquor (IMFL), and Beer.
Dealers trading in these goods are strictly required to adhere to VAT Regulation, including issuance of proper tax invoices upon request by consumers as per Section 50 of the A&N VAT Regulation. Further, the dealers are required to maintain records as per Section 48(6) of the A&N VAT Regulation.
Consumers have been advised to ensure that they receive tax invoices for every purchase of the aforementioned goods. These invoices must include:
• The word “Tax Invoice” prominently displayed.
• Details such as the names, addresses, and registration numbers of the selling registered dealer.
• The name and address of the purchaser and his registration number, where the purchaser is a registered dealer.
• A unique invoice number, date, description, quantity, and value of goods sold, along with applicable tax details.
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