Log in Register

Login to your account

Username *
Password *
Remember Me

Create an account

Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *
Captcha *
View more blog entries

Consult Construction

Consult Us For Construction

  • HC quashes the levy of Entry Tax @ 15% on import of ‘Tractors’ into the State by treating them as “motor vehicles”, as illegal, discriminatory, violative of Article 304(a) of Constitution; Entire legislative history of Gujarat Tax on Entry of Specified Goods into the Local Areas Act, 2001 (‘Entry Tax Act’) as well as objects & reasons and the amendments thereto, clearly establish that Entry Tax was sought to be levied at rates prescribed for such goods under Sales Tax Act / VAT Act;
  • Tractors have always been covered by separate entry under the Sales Tax Act and VAT Act – taxable at 5%, and only those motor vehicles which are covered under Entry 128 of Schedule IIA to Sales Tax Act / residuary entry 87 of Schedule II to VAT Act attracting 15% tax, would be covered by entry of “motor vehicles” under Entry Tax Act;
  • Rejects Revenue contention that such Entry Tax is available at Input Tax Credit under Rule 15(7) r/w Section 11 of the VAT Act and that in terms of Notification dated May 12, 2016, entry tax levy in excess of 5% is exempt;
  • Relying on 9 Judges Apex Court decision in Jindal Stainless Ltd as well as Division Bench ruling in Eagle Corporation Pvt Ltd, HC observes, where importer is required to pay entry tax higher than VAT levied on sale of goods in the State of Gujarat, such importer would be at disadvantageous position and there remains no “level playing field” which was the aim / goal for introducing Entry Tax Act : Gujarat HC
Hits: 813 0 Comments
Rate this blog entry:
0

Like us on facebook

Twitter Feed

ConsultC Please find the latest presentation given to select gathering of real estate developers at Kolkata on West Bengal H… https://t.co/Uizrcczy13
ConsultC Apart from the intricacies of the Forms and constant regulatory changes, GST has a lot of other aspects. We had an… https://t.co/YB1asAgU2s
ConsultC Second Edition of our book released with latest amendments upto September, 2018 https://t.co/eOwUcNZife

Address

Address:
304, Super Plaza, Sandesh Press Road, Vastrapur, Ahmedabad
Gujarat-380054
Tel:
+91 - 079 - 40032950
E-Mail:
This email address is being protected from spambots. You need JavaScript enabled to view it.
Website:
www.consultconstruction.com

markerFind on Google Maps

Who we are

We are Ahmedabad based professional consulting firm. We are providing various services to Construction, Real Estate and Project Companies in various areas like Indirect Taxation – Service Tax & Multi state VAT consultancy, ERP implementation, Site & Management audit, Designing Tender & other related contractual documents etc.