Title : Penalties Relating to Electronic Tax Registers and to Unaccounted Stocks
State : Karnataka
Year : 2003
(1) Any person who removes, or in any way tampers with, a seal attached under the provisions of clause (f) of sub-section (1) of Section 52, and sub-section (4) of Section 53, shall be liable on conviction by a Court, not inferior to that of a Magistrate of the First Class, to a fine of not less than five thousand rupees but not exceeding1[twenty -five thousand] rupees and imprisonment for a period 2[****] not exceeding one year. 5[(1-A) Any registered dealer falling under sub-section (2-A) of section 31, who, (a) refuses to install an electronic tax register; or (b) refuses or fails to use the electronic register installed; or (c) removes or in any way tampers with the seal used to secure any electronic tax registerinstalled or destroys or attempts to destroy any electronic..... View Complete Act List Judgments citing this sectionTitle : Definitions
State : Karnataka
Year : 2003
In this Act unless the context otherwise requires:- (1) 'Agriculture'with its grammatical variations includes horticulture, the raising of crops,grass or garden produce and grazing but does not include dairy farming, poultryfarming, stock breeding and mere cutting of wood. (2) 'Agriculturist' means aperson who cultivates land personally. (3) 'Agriculturalproduce or horticultural produce' shall not be deemed to include tea,beedi leaves, raw cashew, timber, wood, tamarind and such produce, except coffeeas has been subject to any physical, chemical or other process for being madefit for consumption, save mere cleaning, grading, sorting or drying. (4) 'AppellateTribunal' means the Karnataka Appellate Tribunal constituted under theKarnataka Appellate Tribunal Act, 1976 (Karnataka..... View Complete Act List Judgments citing this sectionTitle : Liability to Tax and Rates Thereof
State : Karnataka
Year : 2003
(1) Every dealer who is or is required to be registered as specified in Sections 22 and 24, shall be liable to pay tax, on his taxable turnover, (a) in respect of goods mentioned in,- (i) Second Schedule, at the rate of one per cent, (ii) Third Schedule, at the rate of four per cent 5[in respect of goods specified in serial number 30 and five per cent in respect of other goods] and (iii) Fourth Schedule, at the rate of twenty per cent. 6[(b) in respect of,- (i) cigarettes, cigars, gutkha and other manufactured tobacco at the rate of fifteen per cent; (ii) other goods at the rate of thirteen and one half per cent] 2[(c) in respect of transfer of property in goods (whether as goods or in some other form) involved in the execution of works contract specified in column (2)..... View Complete Act List Judgments citing this sectionTitle : Deduction of Input Tax in Respect of Capital Goods
State : Karnataka
Year : 2003
(1) Deduction of input tax shall be allowed to the registered dealer in respect of the purchase of capital goods 1[on or after the commencement of this Act ]for use in the business of sale of any goods in the course of export out of the territory of India and in the case of any other dealer in respect of the purchase of capital goods wholly or partly for use in the business of taxable goods. (2) Deduction of input tax under this Section shall be allowed only after commencement of commercial production, or sale of taxable goods or sale of any goods in the course of export out of the territory of the India by the registered dealer 2[***] _______________________ 1. Inserted by Karnataka Value Added Tax (Amendment) Act, 2005. 2. Omitted by Act 4 of 2006 w.e.f. 01.04.2006. "and..... View Complete Act List Judgments citing this sectionTitle : Pre - Registration Purchases
State : Karnataka
Year : 2003
Deduction of input tax shall be allowed to the registered dealer, subject to the restrictions of Section 11, in respect of tax charged to him by a seller on taxable sale of goods made to him for the purpose of the business within three months prior to the date of his registration provided that no input tax shall be allowed in respect of goods which have been sold or otherwise disposed of prior to the date of registration. View Complete Act List Judgments citing this sectionTitle : Voluntary Registration
State : Karnataka
Year : 2003
A dealer who sells taxable goods, though not liable to register under Section 22 but who desires to register voluntarily, shall make an application to the prescribed authority in such form and in such manner as may be prescribed, giving correct and complete particulars 1[and such dealer on becoming liable to register under section 22 shall on the date he becomes so liable, be eligible for deduction of input tax as specified under section 13 subject to the conditions specified in section 11.] __________________________________ 1. Inserted by the Karnataka Value Added Tax (Amendment) Act, 2009. View Complete Act List Judgments citing this sectionTitle : Returns
State : Karnataka
Year : 2003
(1) Subject to sub-sections (2) to (4), every registered dealer, and the Central Government, a State Government, a statutory body and a local authority liable to pay tax collected under sub-section (2) of Section 9, shall furnish a return in such form and manner, including electronic methods, and shall pay the tax due on such return within 1[or fifteen days] after the end of the preceding month or any other tax period as may be prescribed. 2[Provided that the specified class of dealers as may be notified by the Commissioner shall furnish particulars for preparation of the return in the prescribed form or submit the return in the prescribed form, electronically through internet in the manner specified in the said notification: Provided further that the specified class of dealers as..... View Complete Act List Judgments citing this sectionTitle : Appeal to the Appellate Tribunal
State : Karnataka
Year : 2003
(1) Any officer 4[empowered by the State Government or the Commissioner] in this behalf or any other personobjecting to an order passed by the appellate authority under Section 62 5[or the Joint Commissioner under section 63-A] may appeal to the Appellate Tribunal within a period of sixty days from the date onwhich the order was communicated to him. (2) The Appellate Tribunal may admit an appeal preferred after the period of sixty days referred to in sub-section (1), but within a further period of one hundredand eighty days, if it is satisfied that the appellant had sufficient cause fornot preferring the appeal within that period. (3) The officer authorized under sub-section (1) or the person against whom an appeal has been preferred, as the case may be, on receipt of notice that an..... View Complete Act List Judgments citing this sectionTitle : Objections to Jurisdiction
State : Karnataka
Year : 2003
No objection as to the territorial or pecuniary jurisdiction of any prescribed authority shall be entertained or allowed by any Court, Tribunal or authority in an appeal or revision, unless such objection was taken before the prescribed authority at the earliest possible opportunity. View Complete Act List Judgments citing this sectionTitle : Penalties Relating to Registration
State : Karnataka
Year : 2003
(1) A dealer who, withou t reasonable cause, fails to apply for registration within the time prescribed in sub-sections (1) or (2) or (3) of Section 22 shall be liable to a 1[penalty not exceeding] five thousand rupees in addition to the interest chargeable on the tax payable at the rate provided under Section 37. (2) A dealer who fails to report to the prescribed authority a change in circumstances as required by Section 28 shall be liable to a 1[penalty not exceeding] five thousand rupees. (3) The power to levy the penalties shall be vested in the registering authority as prescribed. ______________________________ 1. Substituted for the words "penalty of" by Karnataka Value Added Tax (Amendment ) Act ,2005. View Complete Act List Judgments citing this section