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  • High Court held that there was only one taxable event of sale

    VAT & CST,Jul. 04, 2016

    Larsen & Toubro was into execution of civil, mechanical contracts. It was a registered dealer for VAT and CST. It entered into works contracts with various companies and execution of contracts was entrusted to various sub-contractors. It challenged levy and recovery of taxes both at the hands of sub-contractors and main contractor. High Court held that there was only one taxable event of sale of goods in such a transaction. It set aside tax levy.-9…

    1 Upvote   | 0 Comments
  • High Court upheld composition as there was no wilful conduct by assessee

    VAT & CST,Jul. 04, 2016

    Assessee was an exporter/wholesaler of steel-made items. It had sold steel balls and submitted ST-1 form and claimed exemption. The ST-1 form was found to be forged. Assessing authority levied sales tax, and directed registration of FIR. Assessee made an application u/s 54 for composition of offences. High Court upheld Tribunal’s decision allowing composition, as there was no willful conduct by assessee, and it had offered composition money. -900224

    1 Upvote   | 0 Comments
  • W.e.f. 18-8-2001 Tamilnadu GST taxes the Electric panel board @ 12% under entry…

    VAT & CST,May. 01, 2017

    Tax @ 8% will be levied on Electric pannel board from vogue 1.April.2001 to 17.August.2001 and @ 12% from 18.august.2001 onwards.

    0 Upvote   | 0 Comments
  • VAT & CST,May. 16, 2017

    Assessee is reg. dealer under A.P. VAT Act & CST Act. As assessee could not provide C forms at the time of audit, revenue levied higher rate of tax on turnover of Rs.10.78 cr. Assessee didn't deposit 12.5% of disputed tax, in time and went for appeal. Revenue rejected the appeal. On appeal to HC, HC held that first appellate was right in rejecting the appeal as disputed tax wasn't deposited in time.

    2 Upvote   | 2 Comments
  • VAT & CST,May. 16, 2017

    This is so bad. Sh...sh....sh..... Even I may have done it some times. But now I can't ... As it has been held by HC... If department sends a notice by registered post (RPAD), postman takes it to address and shows it to addressee. But addressee, doesn't receive it (after watching). So, post office returns notice to tax officers under a remark "Addressee has refused to accept it". Then, ITAT should accept the appeal, apparently notice is served.

    3 Upvote   | 1 Comments

Assessee couldn't retract admission of offence once it applied for compounding

Assessee filed application u/s-55 contending that intelligence officer wrongly quantified the compounding fee payable. Same was not maintainable as order of compounding passed u/s-74 was not an appealable order for purposes of section 55. Therefore, assessee could not have availed of appellate remedy against order of Intelligence Officer-007676

VAT & CST,Dec. 05, 2017
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  • VAT & CST,Dec. 05, 2017

    HC held that liquid medical oxygen IP, medical grade oxygen and nitrous oxide IP under a licence granted under Drugs and Cosmetics Rules, 1945 manufactured by assessee would fall under Entry No. 88 of Fourth Schedule to VAT Act and were liable to tax at rate of 4/5 per cent. Since, goods were surgical aids used for or in treatment and mitigation of disorders in human beings. Thus, AO contention can't be sustained to levy tax @ 12.5/14.5 per cent.-0…

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  • VAT & CST,Dec. 12, 2017

    Registered dealers & expoters of M.P filed an writ petition before HC seeking exemption from taxes to be levied on them as per the highest bidders for the sale of tendu leaves. Since, sales were claimed to be inter-state not intra-state, levy of taxes is not eligible. SC ordered AO to check the nature of sales U/S 9(i) of VAT Act for eligiblity of taxes. Till then, amount submitted by dealers before HC will not be refunded.-900211

    0 Upvote   | 0 Comments
VAT & CST,Dec. 12, 2017

Dealers failed to claim Input Tax credit of any transaction of taxable purchase in any month, shall have the benefit if makes claim before the end of the financial year or before ninety days, whichever is later. Subsequently, legislature to safegaurd authority from any misuse or tax evasion passed section 19(11) TN VAT which prescribes time limit to claim credit. Thus, section 19(11) is not inconsistent or arbitrary.-900212

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No end state registrain required under VAT to constitute inter-state sales.

A truck was detatined at ICC shambhu barriers for non-registration of supplier under Punjab VAT, the end state of inter-state sale. HC ordered to release truck as no such registration at end state is required to constitute inter-state sales. Therefore, rights granted in article 301 for freedom in sales is maintained.-900216

VAT & CST,Dec. 12, 2017
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