Levy of purchase tax and its applicability on dealer who opted ...

VAT and Sales Tax

January 11, 2024

Levy of purchase tax and its applicability on dealer who opted for composition scheme - Constitutional Validity - in view of the admitted discrimination by the State, the Amendment shall not be sustainable - the Amendment is discriminatory in nature and also not in favour of the welfare of the economy of the State as it encourages purchases from outside the State - HC

View Source

← Previous Next →

Levy of purchase tax and its applicability on dealer who opted ...

VAT and Sales Tax

January 11, 2024

You may also like:

Valuation - To remove the anomaly, a level play mechanism has been adopted to levy tax on the inter-state purchases or the goods purchased from outside the territory of...

Opting out of scheme of compound levy / composite method of taxation on ground of closure of business - scheme once opted can be withdrawn only within the framework of...

Can an Importer of goods or services opt to pay tax under composition scheme under GST?

Can an exporter of goods opt to pay tax under composition scheme under GST?

Composition scheme was opted under UPTT but no composition scheme was opted under UP Vat Act for the same contract - AO can not demand tax under composition scheme on...

CENVAT Credit - input services - service tax paid on insurance premium for availing medi-claim facility for employees who had opted for ‘Voluntary Separation Scheme’ -...

Refund of ITC - forcing an option to the assessee - It is clear from the narrative thus far that the dealer has two options i.e., refund or carrying forward the ITC to...

The classification of dealers based on value addition criteria for the purpose of tax levy and exempting the dealers based on area criteria cannot be held to be discriminatory - HC

Switching between the composition scheme and normal scheme of payment of tax - When opted for the Composition scheme, ITC on Capital Goods need to be reversed upto 5...

Interpretation of statute - Levy of VAT - credit note received subsequent to the date of the invoice - Determination of Turnover - Input Tax Credit - Large Bench...

Quick Updates: