VAT Articles

Software - A tussle between VAT and Service Tax

CS Priyanka Gupta 11 December 2015 at 17:05

In the current high-tech era, information technology has become an indispensable part of our life. India, being an IT hub, this fast growing industry is a major source of revenue. Hence, it becomes vital to assess the taxability of proceeds generated

Interpretation of amendment in Rule-7 (DVAT Rules 2005)

CA Arindam Shukla 11 December 2015 at 17:05

Amendment of rule 7. - In the Delhi Value Added Tax Rules, 2005. Amendment: - . (i) In sub-rule (I), in clause (b)', the following proviso shall be inserted, namely:- "Provided that in case of cigarettes (irrespective of form and length)

Goods & Service Tax - An overview

CA. SRIKANTHA RAO T 11 December 2015 at 10:53

The Goods and Services Tax has frequently been in the news for the last one year or so ever since the new Government has come to power. It is worthwhile noting that introduction of GST as it is referred to, has been in the pipeli

The Odisha Value Added Tax (Amendment) Act, 2015

CA.TARUN K AGARWALLA 03 December 2015 at 12:35

The Government of Odisha Vide its notification no 9848-I-Legis 5/2015-L dated 24th September 2015 has notified �THE ODISHA VALUE ADDED TAX (AMENDMENT) ACT, 2015, (Odisha Act 7 of 2015), an act to further amend �THE ODISHA VALU

Online service providers like flipkart are not liable to VAT

Bimal Jain 17 November 2015 at 11:55

Online service providers like 'Flipkart' facilitating sale and purchase of goods through online portals cannot be considered as dealer of goods - Not liable for VATFlipkart Internet (P.) Ltd. Vs. State of Kerala [(2015) 62 taxmann.com 387 (Ke

Exegesis of the 'Rules of Computation of H-VAT' for Builders

CS Priyanka Gupta 28 October 2015 at 10:40

The controversy regarding liability to pay VAT on agreements for sale of flats and units by builders and developers in Haryana has been emerged over a last few years. It is purely a grey area where nothing is crystal clear, in spite of recently amend

TN VAT - Works Contracts - Tax disputes - Appeal Process

P.Jagadeeswaran 24 October 2015 at 11:25

Laws Reward SolutionsTN VAT - Works Contracts � Tax disputes � Appeal Process. and Consequences of Form O & RR not issued by AOThe readers may peruse the content in other article(s) on caption(s) �Taxation of works contracts und

Divergence in Laws: Haryana VS Rajasthan VAT

Komal Vohra 14 October 2015 at 10:41

The Indian VAT laws have continuously gone under several changes since their introduction. The need for incessant evolvement is fundamental for growth and development and our tax department has taken well c

Enigma in VAT for E-commerce business

CS Priyanka Gupta 03 October 2015 at 13:19

E-commerce has been budding as a new endeavor in the past few decades. It has brought about a breakthrough in all possible fields and interests including consumer behavior, supply and demand of products, handling of orders, etc.Generally, �e-co

Humble Relief to developers in Haryana, as Rule 49A got substituted

CS Priyanka Gupta 29 September 2015 at 10:37

There has been a great controversy regarding liability to pay VAT on agreements for sale of flats and units by builders and developers in Haryana. The applicability of VAT on the builders in Haryana has gained a further impetus due to recent judgemen