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M/s SSPDL Interserve Pvt Ltd Versus The Deputy Commissioner of Commercial Taxes (Audit & Recovery)

2016 (4) TMI 829 - KARNATAKA HIGH COURT

Rate of tax on iron and steel - Execution of civil works contract - Appellant contended that the declared commodities are used in execution of works contract liable to be taxed at 5% under Section 4(1)(c) of the VAT Act but department taxed it @ 14.5 .....

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on and steel used in the same form in the execution of works contract which falls under Section 14 of the CST Act. - Decided partly in favour of petitioner - Writ Appeal Nos. 5403-5414 of 2016 (T-RES) - Dated:- 12-2-2016 - N. K. Patil And S. Sujatha, .....

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osal having regard to the facts and circumstances. 2. The petitioner is said to be a private limited company having its head office at Chennai. It is engaged in execution of civil works contracts and registered as a dealer under the provisions of the .....

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Section 38 of the VAT Act. It is stated that as per the assignment note issued by the Commissioner of Commercial Taxes, the respondent has issued notice in VAT - 275 for production of books of account for reassessment proceedings. In response to the .....

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ound and accepted that the purchases declared are supported by bills and duly accounted. On further verification of the books of accounts, the respondent authority has raised certain omissions and discrepancies. A notice was issued under Section 39(1 .....

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purchases made from M/s Shrishti Power Technologies Pvt. Ltd., The respondent also accepted the reply with regard to sale of assets and other income as the said transactions pertains to Chennai office and proposals to levy tax in this regard has bee .....

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be taxed at the rate of 5% under Section 4(1)(c) of the VAT Act. 4. It is submitted that there was a dispute as regards rate of tax on declared commodities i.e., iron and steel and the matters were pending before this Court. Therefore, the petitione .....

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Company Limited vs. State of Karnataka and others (45 VST 390) where it was held that - "though tax at 12.5% is applicable under serial No.23 of the sixth schedule to the Act in respect of composite works contracts involving transfer of propert .....

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