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2018 (5) TMI 1812 - HC - VAT and Sales TaxScope of deferred tax within the meaning of Section 61(2)(d)(iii) of the Haryana Value Added Tax Act, 2003 read with Rule 69 of Haryana Value Added Tax Rules, 2003 - whether input tax paid by the assessee can be counted towards payment of 50% of deferred tax upfront under Section 61(2)(d)(iii) of the Haryana Value Added Tax Act, 2003? - Held that:- In case the unit opts for payment of half of the deferred tax upfront alongwith the returns, the deferred tax would be calculated without deducting the amount of input tax paid on the goods used in the manufacture and the amount of input tax paid by it is to be counted towards payment of 50% of deferred tax upfront. The substantial questions of law are answered accordingly and the appeal stands dismissed.
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