-
Delhi VAT - Rate of VAT Tax on (Oxygen Cylinder & Nitrous Oxide Cylinders)
IN THE OFFICE OF COMMISSIONER DEPARTMENT OF TRADE AND TAXES GOVERNMENT OF N.C.T. OF DELHI VYAPAR BHAWAN, NEW DELHI No.374/CDVAT/2015/357, Dated: 17.04.2015 M/s. Everest Kanto Cylinder Ltd., B-69/2, Wa...
-
Delhi VAT - Rate for sale of Electric induction motors, Switchgears and Starters
VAT rate in Delhi for sale of Electric induction motors, Switchgears and Starters IN THE OFFICE OF COMMISSIONER DEPARTMENT OF TRADE AND TAXES GOVERNMENT OF N.C.T. OF DELHI VYAPAR BHAWAN, NEW DELHI No....
-
No VAT on Sale of Prospectus by University to students
Publication of prospectus and making it available to students is ancillary activity to the main and predominant object to impart education and thus Institutions are not ‘dealer’ under VAT Commercial T...
-
Best of Judgement under TNVAT Act, 2006
Best of Judgement and Principles of Natural Justice under TNVAT Act, 2006 In the recent times, many writ petitions have been filed before the Hon’ble Madras High Court seeking intervention of the High...
-
Punjab VAT - Medicines, drugs, stents etc., administered to patients during a medical procedure are not a ‘Sale’
Supply of medicines, drugs, stents etc., during treatment or medical procedure is not a ‘Sale’ and thus not exigible to VAT Fortis Health Care Ltd And Another Vs. State Of Punjab And Others Fortis Hea...
-
TN VAT - Input tax credit availed by the Purchaser could not be denied on the grounds that the selling dealer has not filed returns or not paid taxes
Input Tax Credit cannot be denied to Purchaser even if Seller of Goods has defaulted in complying with VAT Procedures Infiniti Wholesale Ltd. Vs. Assistant Commissioner (CT) Infiniti Wholesale Ltd. (“...
-
MVAT- Grant of Administrative Relief to Developers and Assessment of refund claim in return
MVAT- Relief to Developers and Assessment of refund claim in return 8th floor,Vikrikar Bhavan, Mazgaon, Mumbai-400010 INTERNAL CIRCULAR No. DC(A&A)/Adm Relief/ADM-8 Internal Circular No. 4A of 2015 Mu...
-
Delhi VAT- Due date for Form 9 for year 2013-14 extended to 30th June, 2015
GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110 002 No.F.7(420)/VAT/Policy/2011/PF/948-954 CIRCULAR NO. 30 of...
-
Delhi VAT- Form DP-1 filing date extended to 30/06/2015
(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.3(352)...
-
Karnataka government to review alleged VAT evasion by e-commerce companies
The Karnataka government will examine all allegations of tax evasion by e-commerce companies, which reportedly caused the state exchequer an alleged loss of Rs 2,000 crore. "We won't exempt any ecomme...
-
Pay more for eating out, flying business-class from 1-4-2015
This summer going to museums, zoos and tiger reserves will get cheaper but for eating out, flying business-class and investing in mutual funds and chit funds you will have to pay more with the new ser...
-
Tax white paper: Treasury urges more GST, less income tax
The Commonwealth Treasury has set out the case for an increase in Australia's rate of goods and services tax and a series of cuts in income and company tax, saying that at 10 per cent, Australia's GST...
-
Maharashtra Budget, 2015: Impact on VAT Analysis
1. Local Body Tax Local Body tax is proposed to be abolished from 1st August, 2015 and the loss of revenue due to the abolishment shall be compensated by enhancing the rate of Value Added Tax. 2. Entr...
-
Amnesty Scheme in Rajasthan- Entry Tax (Notification No. F.12(17)FD-Tax-2015-240 Dated-18.03.2015)
Amnesty Scheme in Rajasthan- Entry Tax Rajasthan government has introduced an amnesty scheme related to the outstanding demand of Entry Tax vide Notification No. F.12(17)FD-Tax-2015-240 Dated-18.03.20...
-
E-Commerce Transactions and VAT/CST Implications
A significant number of web sites, such as, Amazon.in, Flipkart.com, Snapdeal.com, eBay.in, etc., are engaged in E-Commerce (E-Com., in short) activities in India. The two major forms of E-Commerce ar...