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VAT - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Scope of amendment - Chhattisgarh Entry Tax (Amendment) Act, ...

Case Laws     VAT and Sales Tax

August 1, 2019

Scope of amendment - Chhattisgarh Entry Tax (Amendment) Act, 2014 - the amendment of 2014 is unworkable unless the State notifies the market value of "such goods" which has been done only on July 1, 2014 - hence definition so given to the word "market value" is not clarificatory and can not be used as the basis for reopening the assessments as the amendment in no manner can form the reason to believe for reassessment

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