Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2017 (5) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (5) TMI 174 - HC - VAT and Sales TaxWhether the amount paid by the dealer as Entry Tax for bringing the goods within the local area would form part of the turnover of assessee for the purposes of payment of VAT or not? Held that: - By virtue of Explanation 5 to the definition of "sale price", it is apparent that only the tax charged or chargeable is not to form part of sale price. The amount of Entry Tax paid by the dealer while bringing goods within local area is not liable to be collected from the purchaser, and would not fall within purview of Explanation 5, and thereby would be included in the definition of 'sale price' as contained under Section 2(ad) of the Act - the amount of Entry Tax paid would constitute part of "turnover of sale" so as to render the dealer liable to pay tax upon it under the U.P. VAT Act - revision dismissed - decided against assessee.
|