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TypeBare Act JurisdictionKarnataka Government

Value Added Tax Act, 2003

Complete Act - all sections

~4 min read
https://sooperkanoon.com/act/62033

Bare act · Research

About this act

Value Added Tax Act, 2003 (2003) is Karnataka state legislation published on SooperKanoon in full. Use this page to read the bare act and jump to judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Act Text

Preamble1 - Value Added Tax Act, 2003
Chapter1 - Introduction
Section1 - Short Title, Extent and Commencement
Section2 - Definitions
Chapter2 - The Incidence and Levy of Tax
Section3 - Levy of Tax
Section4 - Liability to Tax and Rates Thereof
Section5 - Exemption of Tax
Section6 - Place of Sale of Goods
Section7 - Time of Sale of Goods
Section8 - Agents Liable to Pay Tax
Section9 - Collection of Tax by Registered Dealers, Governments and Statutory Authorities
Section10 - Output Tax, Input Tax and Net Tax
Section11 - Input Tax Restrictions
Section12 - Deduction of Input Tax in Respect of Capital Goods
Section13 - Pre-registration Purchases
Section14 - Special Rebating Scheme
Section15 - Composition of Tax
Section16 - Special Accounting Scheme
Section17 - Partial Rebate
Section18 - Transitional Provisions
Section19 - Change in Use After Deduction of Input Tax
Section20 - Deduction of Input Tax on Exports and Interstate Sales, Etc.
Section21 - Reimbursement of Tax
Chapter3 - Registration
Section22 - Liability to Register
Section23 - Voluntary Registration
Section24 - Suo Motu Registration
Section25 - Registration
Section26 - Security
Section27 - Cancellation of Registration
Section28 - Obligation of Registered Dealer to Inform Changes After Registration
Chapter4 - Accounts and Documents
Section29 - Tax Invoices and Bills of Sale
Section30 - Credit and Debit Notes
Section31 - Accounts
Section32 - Period of Retention of Accounts
Section33 - Electronic Records
Section34 - Requirement to Provide Documents and Information
Chapter5 - Administration and Collection of Tax
Section35 - Returns
Section36 - Interest in Case of Failure to Furnish Returns or to Pay Tax Declared on Returns or Other Amounts Payable
Section37 - Rate of Interest
Section38 - Assessment of Tax
Section39 - Re-assessment of Tax
Section40 - Period of Limitation for Assessment
Section41 - Power of Rectification of Assessment or Re-assessment in Certain Cases
Section42 - Payment and Recovery of Tax, Penalties, Interest and Other Amounts
Section43 - Duties of Receivers
Section44 - Special Provisions Relating to Companies
Section45 - Recovery of Tax, Penalty, or Any Other Amount, from Certain Other Persons
Section46 - Tax Payable on Transfer of Business, Assessment of Legal Representatives, Etc.
Section47 - Payment and Disbursement of Amounts Wrongly Collected by Dealer as Tax
Section48 - Tax to Be First Charge on Property
Section49 - Period of Limitation for Recovery of Tax
Section50 - Payment of Interest on Refunds
Section51 - Power to Withhold Refund in Certain Cases
Section52 - Production and Inspection of Documents and Powers of Entry, Search and Seizure
Section53 - Establishment of Check Posts and Inspection of Goods in Movement
Section54 - Transit of Goods by Road Through the State and Issue of Transit Pass
Section55 - Penalty in Case of Under-valuation of Goods
Section56 - Liability to Furnish Information by Certain Agents
Section57 - Special Evidential Requirements Relating to Banks
Chapter6 - Authorities and Appellate Tribunal
Section58 - Appointment of Commissioner, Additional Commissioners, Joint Commissioners, Deputy Commissioners, Assistant Commissioners, State Representatives and Commercial Tax Officers
Section59 - Instructions to Subordinate Authorities
Section60 - Clarification and Advance Rulings
Section61 - Jurisdiction of Officers and Change of Incumbent of an Office
Chapter7 - Appeals and Revision
Section62 - Appeals
Section63 - Appeal to the Appellate Tribunal
Section64 - Revisional Powers of Additional Commissioner and Commissioner
Section65 - Revision by High Court in Certain Cases
Section66 - Appeal to High Court
Section67 - Objections to Jurisdiction
Section68 - Petitions, Applications and Appeals to High Court to Be Heard by a Bench of Not Less Than Two Judges
Section69 - Rectification of Mistakes
Section70 - Burden of Proof
Chapter8 - Penalties, Offences and Power to Make Rules
Section71 - Penalties Relating to Registration
Section72 - Penalties Relating to Returns
Section73 - Penalties in Relation to Unauthorised Collection of Tax
Section74 - Penalties Relating to the Keeping of Records
Section75 - Penalties Relating to Production of Records and Furnishing of Information
Section76 - Penalties Relating to Tax Invoices, Credit Notes and Debit Notes
Section77 - Penalties Relating to Seals and to Unaccounted Stocks
Section78 - Offences Against Officers
Section79 - Fraudulent Evasion of Tax
Section80 - Cognizance of Offences
Section81 - Disclosure of Information
Section82 - Compounding Offences
Section83 - Validity of Assessments Not to Be Questioned in Prosecution
Section84 - Bar and Limitation to Certain Proceedings
Section85 - Courts Not to Set Aside or Modify Assessments Except as Provided Under This Act
Section86 - Appearance Before Any Authority in Proceedings
Section87 - Power to Summon Persons to Give Evidence
Section88 - Power to Make Rules
Section89 - Laying of Rules and Notifications Before the State Legislature
Section90 - Power to Remove Difficulties
Schedule1 - First Schedule
Schedule2 - Second Schedule
Schedule3 - Third Schedule
Schedule4 - Fourth Schedule
Schedule5 - Fifth Schedule

Frequently asked questions

What is the Value Added Tax Act, 2003?

The Value Added Tax Act, 2003, enacted in 2003, is Karnataka state legislation available in full text on SooperKanoon. It is commonly used for legal research alongside judgments that interpret and apply its provisions.

How can I find court judgments citing the Value Added Tax Act, 2003?

Use “Find citing judgments” on this page to search reported decisions from Indian courts and tribunals that reference the Value Added Tax Act, 2003. You can also start from the Bare Acts hub or run an advanced act search for tighter filters.

Is the act text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Karnataka, confirm the wording against the official state gazette or authorized publication.

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