Application to sales and purchases

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..... the transfer of a right to use goods, to the extent that the right to use goods is exercised after 1st April, 2005. (2) Tax credits arising under section 9 of this Act shall be allowed only for - (a) a purchase, including a purchase under an instalment sale and hire purchase of goods, made on and after 1st April, 2005; and (b) a purchase occurring in the form of the .....

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..... tion as "the repealed Act"), is liable to pay tax under this Act, and has at any time prior to the 1 st day of April, 2005 entered into any works contract, where the total contract value was inclusive of the tax payable under the repealed Act, and the execution of the said work contract has continued after the 1 st day of April, 2005, then the liability of the dealer to pay tax under this Act .....

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..... of this sub-section shall not apply where the contract value has been changed on account of increased liability under this Act. Provided also that the provisions of this sub-section shall apply only if there was no provision in the contract for revising the value of the contract on account of the change of tax liability. ] ------------------------------ Notes:- 1. .....

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