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2021 (2) TMI 246 - HC - VAT and Sales TaxAddition for non-maintenance of stock book - levy of additional sales tax - estimation of 1% addition for non-maintenance of stock book on the reasoning that the assessee is not a manufacturer - levy of additional sales tax for the assessment year 1996-97 since the taxable turnover did not exceed 100 crores as per amended provision of Section 2(1)(aa) - validity of deletion of consequential surcharge, additional sales tax and penalty - HELD THAT:- The substantial questions of law which have been raised for consideration has been answered in Philips India Limited vs The Assistant Commissioner (CT), Fast Tract Assessment Circle II and others [2004 (5) TMI 538 - MADRAS HIGH COURT] where it was held that the provision under Section 55 of the TNGST Act and the relevant rules would be applicable for the purpose of effecting rectification. The Tamil Nadu Additional Sales Tax Act, 1970 is not a self contained code. It merely supplements Tamil Nadu General Sales Tax Act. It is necessary to read and construe the Tamil Nadu General Sales Tax Act and the Tamil Nadu Additional Sales Tax Act together. The tax case revision stands disposed of.
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