Articles by Amit Bajaj

Single point of taxation introduced in Punjab VAT

Posted by Amit Bajaj 26 December 2013 67225 Views

Punjab Government has surprisingly introduced single stage tax system under the Punjab VAT Act, 2005. Punjab Government has notified certain goods, most of which are consumable goods, on which tax under Punjab VAT Act has been levied only at the firs

F form under CST Act can cover transactions of a period more than one month

Posted by Amit Bajaj 24 September 2013 10793 Views

Calcutta High Court in Cipla Limited vs Deputy Commissioner, Commercial Tax reported as VSTI 2013 Vol. 17 B-509 has held that There is nothing in Rule 12(5) of CST (R&T) Rules which could be construed to vitiate a declaration form i.e "F&qu

Issuing C form is statutory obligation of buyer, can be enforced by a writ petition in the High Court

Posted by Amit Bajaj 09 July 2013 12943 Views

Many a times I receive queries on a common problem faced by many dealers all over India that what to do when the interstate purchaser of goods refuses or doesnot issue the requisite C forms after purchasing the goods at concessional rate of CST @ 2%

Authority for advance ruling under State VAT Act cannot give clarifications under CST Act

Posted by Amit Bajaj 03 July 2013 13654 Views

Andhra Pradesh High court in Prathista Industries Limited vs Commercial tax Officer [2013] 61 VST 58 (AP) has held that Authority for advance ruling under State VAT Act cannot act as Authority for Advance Ruling under Central sales Tax Act, 1956.

Service Tax on Builders explained!

Posted by Amit Bajaj 02 May 2021 61610 Views

The revenue and the builders have always been at dispute when comes to leviability of service tax on the consideration received in advance by the builders/developers from the prospective buyers of immovable property to be constructed. After the ne

No disallowance of Input Tax Credit for merely not charging VAT separately in VAT invoice

Posted by Amit Bajaj 10 June 2013 26425 Views

Punjab VAT Tribunal in The 21st Century Builders and Engineers vs State of Punjab VSTI 2013 17 C-388 has held that input tax credit cannot be disallowed merely on the technical ground that VAT has not been charged separately in VAT invoice, when tax

Crucial date of sale for issuing C forms

Posted by Amit Bajaj 26 November 2012 18384 Views

Many a times I have received a query from different parts of the country that what is the crucial date of sale to be taken while issuing of C forms under CST Act, 1956 i.e whether date of invoice or the date on which goods are received by the purcha

Works contract service after negative list - Part I

Posted by Amit Bajaj 16 October 2012 75174 Views

Service portion in the execution of a works contract has been declared as service u/s 66E after the introduction of negative list. That means works contract service per se is not a service but it is a service because it has been declared to be a se

Lower/Nil rate of tax deduction certificate for works

Posted by Amit Bajaj 13 September 2012 14422 Views

It is ussualy seen that works contractors registered under Punjab VAT Act, 2005 have always refund to claim from the Excise & Taxation department due to the fact that their final tax liability is much lower/Nil than the tax deductions made u/s