New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
CGST - Acts + GST Rates GST Ntf. GST Forms GST - Manual GST - FAQ State GST Acts SGST Ntf. I. Tax Manual
Extracts
Home List
← Previous Next →

M/s R.S. Electrotech (P) Ltd. Versus CCE Jaipur

Valuation - quantification of sales tax abatement - Section 4 (d) of CEA, 1944 - Held that: - only that amount of sales tax will be permissible as detection u/s 4 as is equal to the amount legally permissible under the local sales tax law to be charged/billed from the customer/buyer - It is clear in the present case that the amount claimed as abatement is the amount charged/billed by the appellant from their buyers. The sales tax assessment also records the full sales tax liability and the manne .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e engaged in the manufacture of HV & LV Coils and transformers liable to Central Excise duty. The dispute in the present case relates to the quantification of sales tax abatement to arrive at value for Central Excise purpose in terms of Section 4 (d) of Central Excise Act, 1944. The said provisions allows for deduction of amount of sales tax, actually paid or actually payable on goods. The Revenue contended that the appellant collected higher amount of sales tax from the buyers and paid only .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

er, the original order was confirmed. 2. The learned Counsel for the appellant submitted that they are availing sales tax exemption under Notification Sl. No. 396 dated 22/02/2002 issued by Rajasthan Government. The said notification allowed claim for exemption from the sales tax payable by the dealer to the extent of tax paid on raw material purchased. The scheme of the notification is for providing set off in payment of sales tax and operates like Modvat scheme in Central Excise. It is the mod .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version