J S BEDI Advocate

Interception of conveyances for inspection of goods in movement, detention, release and confiscation

Goods and Services Tax - Section 68 deals with Inspection of goods in movement and Section 129 deals with Detention, Seizure and Release of Goods, beside this section 130 of the Act provides for the confiscation of goods or conveyances and imposition of penalty for the smooth working and to check the evasion concept of eway bill was also introduced for the moveme...

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Few Important points & formats applicable under GST

Goods and Services Tax - As we all are aware that we are passing through the regime where entire indirect system is switching over to the GST which is governed by four Acts i.e. IGST, CGST, SGST & UGST. All the four acts will work in their respective spheres as per their applicability. It is very important to discuss that […]...

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VAT Authorities denying Input tax credit on Flimsy Grounds

Goods and Services Tax - Denial to grant Input tax credit on Flimsy Grounds by the VAT Authorities without following the settled law laid down by Hon’ble Supreme Court of India and by the High Courts. Every Registered Dealer is the agent of Department of Excise & Taxation as while granting the registration, every registered dealer is authorized to collect [...

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PVAT – Reversal of Input tax credit on sale of by-products amounts to double taxation

Goods and Services Tax - Reversal of Input tax credit on sale of by-products amounts to double taxation and also exceeds the outer limit of taxability prescribed under the Act Specially in Sheller Trade which is clear cut violation of Article 286 of the Constitution of India....

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Validity of Rule 21(8) of Punjab Vat Rules

Goods and Services Tax - Introduction Of Rule 21 (8) Under The Punjab Vat Rules Inserted Vide Notification Dated 25.01.2014 W.E.F 01.02.2014 Is Ultra Vires As The Same Is Violative Of Article 14, 19(1)(g), 286 Of The Constitution Of India & Section 15 (b) Of The Central Sales Tax Act 1956. That Rule 21 (8) which has been introduced w.e.f. […]...

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Recent Posts in "J S BEDI Advocate"

Interception of conveyances for inspection of goods in movement, detention, release and confiscation

Section 68 deals with Inspection of goods in movement and Section 129 deals with Detention, Seizure and Release of Goods, beside this section 130 of the Act provides for the confiscation of goods or conveyances and imposition of penalty for the smooth working and to check the evasion concept of eway bill was also introduced for the moveme...

Read More

Few Important points & formats applicable under GST

As we all are aware that we are passing through the regime where entire indirect system is switching over to the GST which is governed by four Acts i.e. IGST, CGST, SGST & UGST. All the four acts will work in their respective spheres as per their applicability. It is very important to discuss that […]...

Read More

VAT Authorities denying Input tax credit on Flimsy Grounds

Denial to grant Input tax credit on Flimsy Grounds by the VAT Authorities without following the settled law laid down by Hon’ble Supreme Court of India and by the High Courts. Every Registered Dealer is the agent of Department of Excise & Taxation as while granting the registration, every registered dealer is authorized to collect [...

Read More

PVAT – Reversal of Input tax credit on sale of by-products amounts to double taxation

Reversal of Input tax credit on sale of by-products amounts to double taxation and also exceeds the outer limit of taxability prescribed under the Act Specially in Sheller Trade which is clear cut violation of Article 286 of the Constitution of India....

Read More

Validity of Rule 21(8) of Punjab Vat Rules

Introduction Of Rule 21 (8) Under The Punjab Vat Rules Inserted Vide Notification Dated 25.01.2014 W.E.F 01.02.2014 Is Ultra Vires As The Same Is Violative Of Article 14, 19(1)(g), 286 Of The Constitution Of India & Section 15 (b) Of The Central Sales Tax Act 1956. That Rule 21 (8) which has been introduced w.e.f. […]...

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Advance VAT Levied on 5 more items W.E.F. 7.03.2014 Under Punjab Vat Act, 2005

Advance VAT Levied on 5 more items W.E.F. 7th March, 2014 Under Punjab Vat Act, 2005 Punjab Government has levied advance tax on five new items in addition to the previous list of thirty items w.e.f. 7th March, 2014. The list of the items added are mentioned below: 31. Plastic Fabric and Bags 5.5% 32. Paper […]...

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Representation to Punjab Govt. on tax rate discrimination by Oil & Spices dealers

On behalf of Oil & Spices dealers I have drafted the representation for withdrawal of notification No. S.O 17/P.A.8/2005/S.8/2014 dated 21.02.2014 which is effective from 01.03.2014 as this notification has not only enhanced the rate of tax rather created discrimination between the class of dealers who are dealing in similar goods and...

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Registration / Amendment/ Cancellation under Punjab Value Added Tax Act, 2005

 VAT system is to rationalize the tax burden and bring down in general the price level and to bring in simplicity and transparency in the tax structure thereby improving the tax compliances and eventually to ensure revenue growth and for that registration plays vital role and for obtaining the same certain documents and process is [&hell...

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First point tax levied on additional items under Punjab VAT wef 01.03.2014

First point tax levied under the Punjab VAT, 2005 on additional commodities with effect from 01.03.2014 Excise and Taxation department has issued notification no. S.O 17/P.A.8/2005/ S.8/2014 dated 21.02.2014 which is effective from 01.03.2014. This is another notification beside the notification issued on 13.12.2013 effective from 01.01.2...

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Note on Voluntary Disclosure Scheme Introduced Under the Punjab Value Added Tax Act 2005

Excise & taxation Department has introduced Punjab Voluntary Disclosure of Value add Tax scheme, 2013 which will come into force with immediate effect i.e. from 20th Dec 2013. The scheme was introduced to bring a greater transparency in discharge of tax liabilities & applicable for a taxable persons...

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