Title : Output Tax, Input Tax and Net Tax
State : Karnataka
Year : 2003
(1) Output tax in relation to any registered dealer means the tax payable under this Act in respect of any taxable sale of goods made by that dealer in the course of his business, and includes tax payable by a commission agent in respect of taxable sales of goods made on behalf of such dealer subject to issue of a prescribed declaration by such agent. (2) Subject to input tax restrictions specified in Sections 11,12,14, 17, 18 and 19, input tax in relation to any registered dealer means the tax collected or payable under this Act on the sale to him of any goods for use in the course of his business, and includes the tax on the sale of goods to his agent who purchases such goods on his behalf subject to the manner as may be prescribed to claim input tax in such cases. (3) Subject to..... View Complete Act List Judgments citing this sectionTitle : Output Tax, Input Tax and Net Tax
State : Karnataka
Year : 2003
(1) Output tax in relation to any registered dealer means the tax payable under this Act in respect of any taxable sale of goods made by that dealer in the course of his business, and includes tax payable by a commission agent in respect of taxable sales of goods made on behalf of such dealer subject to issue of a prescribed declaration by such agent. (2) Subject to input tax restrictions specified in Sections 11,12,14, 1[17 and 18], input tax in relation to any registered dealer means the tax collected or payable under this Act on the sale to him of any goods for use in the course of his business, and includes the tax on the sale of goods to his agent who purchases such goods on his behalf subject to the manner as may be prescribed to claim input tax in such cases. (3) Subject to..... View Complete Act List Judgments citing this sectionState : Assam
Year : 2003
THE ASSAM VALUE ADDED TAX ACT, 2003 THE ASSAM VALUE ADDED TAX ACT, 2003 To provide for the imposition and collection of tax on sales or purchases of goods in the State of Assam and for matters connected therewith and incidental thereto. PREAMBLE Whereas it is expedient to consolidate the law relating to the imposition and collection of tax on sales or purchases of goods in the State of Assam. It is hereby enacted in the Fifty-fourth Year of the Republic of India as follows :- Chapter 1 - PRELIMINARY THE ASSAM VALUE ADDED TAX Act, 2003 To provide for the imposition and collection of tax on sales or purchases of goods in the State of Assam and for matters connected therewith and incidental thereto. PREAMBLE Whereas it is expedient to consolidate the law..... List Judgments citing this sectionState : Tripura
Year : 2004
THE TRIPURA VALUE ADDED TAX ACT, 2004 CONTENT THE TRIPURA VALUE ADDED TAX ACT, 2004 SectionsPage 1 2 3 Chapter "I (PRELIMINARY) 1. Short title, Extent and Commencement 1 2. Definitions 1 Chapter "II (Incidence and levy of tax) 3. Incidence of Tax 9 4. Tax on deemed sales 10 5. Levy of Tax on Sale 11 6. Levy of Tax on containers and Packing material 12 7. Rate of Tax 12 8. Exemptions 12 9. Tax payable 13 10. Input tax credit 13 11. Input tax credit exceeding tax liability 16 12. Adjustment of input tax credit 17 13. Export 17 14. Burden of proof 17 15. Composition of tax by certain registered dealers 17 16. Powers of Government to amend Schedule 18 17. Credit notes and Debit notes 18 Chapter "III 18. Taxing Authority and Tribunal 19 Chapter "IV (REGISTRATION) 19. Compulsory..... List Judgments citing this sectionState : West Bengal
Year : 2003
WEST BENGAL VALUE ADDED TAX ACT, 2003 WEST BENGAL VALUE ADDED TAX ACT, 2003 37 of 2003 An Act to levy tax on sale of goods In West Bengal on the basis of value added to such goods at each stage of sale of such goods and on purchases of certain goods in West Bengal in specified circumstancves and to provide for matters connected therewith or incidental thereto] WHEREAS it is expedient to provide for the levy of tax on sale of goods in West Bengal on the basis of value added to such goods at each stage of sale of such goods and on purchases of certain goods in West Bengal in specified circumstances and to provide for matters connected therewith or incidental thereto; It is hereby enacted as follows CHAPTER 1 Preliminary Section 1 Short title, extent and commencement (1) This..... List Judgments citing this sectionState : Mizoram
Year : 2005
THE MIZORAM VALUE ADDED TAX ACT, 2005 THE MIZORAM VALUE ADDED TAX ACT, 2005 Bill No. 1 of 2005 Act No. 1 of 2005 Passed On 30.03.2005 An Act to provide for the levy of value added tax on sales or purchases of goods in the State of Mizoram and other matters connected therewith. Whereas it is necessary to make an addition to the revenues of the State of Mizoram and for that purpose, it is expedient to impose a tax on the sale or purchase of goods in Mizoram. Be it enacted by the Legislative Assembly of Mizoram in the Fifty-fifth Year of Republic of India as follows: CHAPTER I PRELIMINARY 1. Short title, extent and commencement . (1) This Act may be called the Mizoram Value Added Tax Act, 2005. (2) It shall extend to the whole of the State of Mizoram. ..... List Judgments citing this sectionState : Himachal
Year : 2005
THE HIMACHAL PRADESH VALUE ADDED TAX ACT, 2005 THE HIMACHAL PRADESH VALUE ADDED TAX ACT, 2005 [Act No. 12 of 2005] PREAMBLE An Act to re-enact the law to provide for the levy of a value added tax on the sales or purchases of goods in the State of Himachal Pradesh and for certain other matters connected therewith. BE it enacted by the Legislative Assembly of Himachal Pradesh in the Fifty-sixth Year of the Republic of India, as follows: - Chapter I - PRELIMINARY Section 1 - Short title and commencement (1) This Act may be called the Himachal Pradesh Value Added Tax Act, 2005. (2) It shall come into force from such date as the Government may, by notification, appoint. Section 2 - Definitions In this Act, unless there is anything repugnant in the subject or context, -- (a) "Act"..... List Judgments citing this sectionState : Sikkim
Year : 2000
THE SIKKIM VALUE ADDED TAX ACT, 2000 THE SIKKIM VALUE ADDED TAX ACT, 2000 ( ACT NO. 5 OF 2005) An ACT t o consolidate the law relating to the levy of tax on sale or purchase of goods in the State of Sikkim and for matters connected therewith or incidental thereto. Be it enacted by the Legislature of Sikkim in the Fifty-Sixth Year of the Republic of India as follows: - CHAPTER I PRELIMINARY 1. Short title, extent and commencement (1) This Act may be called The Sikkim Value Added Tax Act, 2005 . (2) It extends to the whole of Sikkim. (3) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. 2. Definitions In this Act, unless the context otherwise requires, " (i) "Act" means the Sikkim Value..... List Judgments citing this sectionState : Punjab
Year : 2005
PUNJAB VAT ACT, 2005 PUNJAB VAT ACT, 2005 ACT NO. 8 OF 2005 AN ACT to provide for the levy and collection of value added tax and turnover tax on the sales or purchases of goods and for the matters connected therewith and incidental thereto, and for the repeal of the Punjab General Sales Tax Act, 1948. BE it enacted by the Legislature of the State of Punjab in the Fifty-sixth Year of the Republic of India as follows:-- CHAPTER - I PRELIMINARY Short title and commencement. 1. (1) This Act may be called the Punjab Value Added Tax Act, 2005. (2) It shall come into force from the 1st day of April, 2005. Definitions. 2. In this Act, unless the context otherwise requires, " (a) "account books" means record of business transactions and includes accounts, registers and documents..... List Judgments citing this sectionState : Kerala
Year : 2003
THE KERALA VALUE ADDED TAX ACT, 2003 1 THE KERALA VALUE ADDED TAX ACT, 2003 {UPDATION UPTO FINANCE ACT 2009} An Act to consolidate and amend the law relating to the levy of tax on the sale or purchase of goods based on the concept of Value Added Tax in the State of Kerala. Preamble. - Whereas it is expedient to consolidate and amend the law relating to the levy of tax on the sale or purchase of goods based on the concept of value added tax in the State of Kerala: Be it enacted in the Fifty-fourth Year of the Republic of India as follows: - CHAPTER - I PRELIMINARY 1 . Short title, extent and commencement . " (1) This Act may be called the Kerala Value Added Tax Act, 2003. (2) It extends to the whole of the State of Kerala. (3) It shall come into force on..... List Judgments citing this section