Examples of VAT Act in a sentence
It is further submitted that a similar tax has been levied under the Punjab Tax on Entry of Goods into Local Area Act, 2000 (for short, ‘the Entry Tax Act’),— vide notification, dated 15th November, 2007 and as the petitioner is not aggrieved against the notification issued under the Entry Tax Act, it cannot possibly have any grievance against the notifications issued under the VAT Act.
The applicants, (Katiba Institute and 48 others), are urging this Court to issue a conservatory order suspending sections 30 to 38 of the Finance Act (amending sections 5, 8, 12, 17, 31, 34, 43, First Schedule and the Second Schedule of the VAT Act); section 47 of the Finance Act, 2023 30 (amending the First Schedule to the Excise Duty Act, 2015); and section 47(a)(v) of the Finance Act, 2023 (amending Part I of the First Schedule to the Excise Duty Act, 2015) pending the hearing of the appeal.
Any repayment claim due in accordance with VAT Act 1994 section 33 shall be made at least annually coinciding with the financial year end.
Rs AND ANOTHER (Satish Kumar Mittal, J.) 2007 (Annexure P-2) adding entry 152 in Schedule ‘B ’ to the VAT Act, whereby tax is sought to be levied on sale of sugar imported from outside the State of Punjab.
In response to the contention of learned counsel for the State regarding non-challenge to the notification issued under the Entry Tax Act, learned counsel for the petitioner submitted that Entry Tax Act itself is under challenge in a number of petitions filed by various parties before this Court and in any case, non-challenge to a notification under a different statute cannot be considered as a bar on the right of the petitioner to challenge a notifications issued under the VAT Act.