Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
VAT - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Reopening of assessment - Exemption of trade tax on the sale of ...


Trade Tax Exemption on Rice Sales: 2004 Notification Applies Only Prospectively, Not Retrospectively.

November 22, 2013

Case Laws     VAT and Sales Tax     HC

Reopening of assessment - Exemption of trade tax on the sale of rice - The notification dated 30.09.2004, which carries exclusion of some goods will apply prospectively and not with retrospective effect. - HC

View Source

 


 

You may also like:

  1. Seeks to amend Notification No.85/2004-Customs - Exemption Notification for items covered under Inia-Thailand Free Trade Agreement. - Notification

  2. The HC ruled that the notification dated 31-10-2006, requiring C-Form production for tax exemption under Section 8(5) of the CST Act, would not apply to the petitioner...

  3. Lapse of Cenvat Credit - Carry forward of Cenvat credit - In terms of strict provision of Rule 11(3) of Cenvat Credit Rules, 2004, the bar of lapsing of credit is...

  4. Adjust of tax paid on purchase of paddy with sales tax on sale of rice - In the absence of furnishing of a Form ‘C’, the conclusion would be that the sale is not an...

  5. The High Court rectified its previous order, holding that Notification No. 54/2018 Central Tax shall apply prospectively from 9th October 2018 only. Consequently, the...

  6. The GoI notification under Section 10(46) of IT Act 1961 exempts 'Mysore Palace Board' from income tax for specified income sources, including palace property proceeds,...

  7. Entry Tax - rebate to the extent of the amount of tax on the payment of Trade Tax - Notification dated 28.4.2005, cannot be interpreted in the manner that where the rate...

  8. The appellant contested the service tax demand on trade discounts and incentives received from Tata Motors Limited for promoting or marketing vehicles. The Tribunal held...

  9. Refund of service tax paid - Notification No. 14/2004, dated 10-9-2004 - AT

  10. The Central Government has amended the export policy for Broken Rice under HS code 1006 40 00 with immediate effect, exercising powers conferred by Section 3 read with...

  11. Levy of Anti-Dumping Duty - extension of expired notification - import of consignments of Propylene Glycol from USA - the Notification No. 105/2004-Cus., admittedly...

  12. Denial of benefit of Exemption Notification No. 34/98-Cus – so far as imported item, viz., pig bristles is concerned, no sales tax, in fact, is charged on same – Since...

  13. Sale consideration - sale of shops held as stock in trade - Section 50C does not apply to the present case as it applies only to a case of capital gains - HC

  14. Tax Exemption Notifications - Explanatory and/or clarificatory Notifications - second notification, therefore, being clarificatory would apply retrospectively to the...

  15. Classification of services - business auxiliary service - commission paid to foreign agents - The liaising with customers and getting export orders is itself a...

 

Quick Updates:Latest Updates