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No VAT on free supply of medicines - State Government isn t competent to levy tax on the basis of Maximum retail price or any other notional value

Value Added Tax - VAT and CST - By: - Bimal jain - Dated:- 5-12-2015 - No VAT on free supply of medicines - State Government isn t competent to levy tax on the basis of Maximum retail price or any other notional value Mapra Laboratories Pvt. Ltd. Vs. Commercial Tax Officer [2015 (9) TMI 1274 - PATNA HIGH COURT] Mapra Laboratories Pvt. Ltd. and others ( the Petitioners ) were engaged in manufacture and sale of medicines and had been regularly filing returns to the concerned Authorities. The Petit .....

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to pay in lieu of the tax payable by them, tax at the rate specified in Section 14, on the maximum retail price of such goods in the manner prescribed. Being aggrieved, the Petitioners had filed a writ petition before the Hon ble High Court of Patna. The Hon ble High Court of Patna relied upon the judgment of Hon ble Apex court in the case of State of Rajasthan & Anr. Vs. Rajasthan Chemist Association [2006 (7) TMI 17 - SUPREME COURT OF INDIA] wherein it has been held that the Notification t .....

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