As per sec 4 Taxed is to be paid on taxable turnover computed as per sec 5 read with sec 2(1)(zm)

Last updated: 16 March 2012

Court :
HIGH COURT OF DELHI

Brief :
With a view to grant some relief in the price rise to the consumers, who had to pay the enhanced price of petrol and diesel, Government of NCT of Delhi issued Memorandum No. F.1(13)/PII/VAT/Act/2006/2069 dated 20th June, 2006 to the following effect: In pursuance of the ordinance dated 20.06.2006 (copy enclosed) promulgated by the Lt. Governor of the National Capital Territory of Delhi, Value Added Tax shall not be charged with immediate effect on the Incremental prices (including the duties and levies charged thereon by the Central Government of petrol and diesel as has been announced by the Government of India with effect from 6th June 2006. Therefore Diesel and Petrol shall be sold in National Capital Territory of Delhi by not taking into account the component of the Value Added Tax on the increased price with immediate effect, meaning thereby that VAT shall continue to be charged on the pre-revised prices of diesel and petrol till further Notification in this regard

Citation :
HINDUSTAN PETROLEUM CORPORATION LIMITED ...Appellant Through Mr. S.K. Bagaria, Sr. Advocate with Mr. Ashok K. Bhardwaj, Mr. A.P. Vinod & Mr. Manish Hirani, Advocates. VERSUS COMMISSIONER VAT DELHI & OTHER…..Respondents Through Mr. H.C. Bhatia, Advocate.