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VAT - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Enhancement in composition rates - Dealing in hides and skins - ...

VAT and Sales Tax

January 18, 2014

Enhancement in composition rates - Dealing in hides and skins - Tax liability - assessee was not properly advised when he questioned the notifications before the High Court - SC

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  3. Short payment of Service Tax on account of enhancement in rate of tax - The appellant herein had deliberately not made the payment for the impugned period - Demand has...

  4. Addition u/s 40A (3) - expenses incurred by the assessee for the purchase of raw hides and skins in cash - Notices to sellers sent u/s 133(6) of the Act have returned...

  5. Challenge to the orders of assessment - enhancement of the rate of tax has been done without notice to the petitioner - therefore the order is in violation of...

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  8. Reduction of Input Tax Credit - purchases of hides and skins resold in the course of inter-State trade and commerce - denial of reimbursement as per section 15(b) of the...

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  10. Penalty u/s 271)1)(c) - penalty for furnishing inaccurate particulars of income can neither be imposed nor sustained on enhancement of net profit rate based on an estimate

 

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