INDIRECT TAXATION

Guru Nanak Dev University · LL.B. Semester 5

Unit I

Punjab Value Added Tax Act, 2005 · -Definitions S. (2) · -Capital Goods, Casual Trader, Goods, Gross Turnover, Input Tax, Input Tax Credit, · -Output Tax, Person, Purchase, Registered Person, Taxable Person, Sale. · -Incidence of Taxation Ss. (6-12) · -Input Tax Credit Ss. (13-15) · -Registration Ss. (21-22) · -Amendment and Cancellation of Registration Ss. (23-24) · Judgments: · 1. State of Jharkand v. Voltas Ltd., (2007) 29 PHT 655 (SC) · 2. Federal Bank Ltd. v. State of Kerala (2007) 29 PHT 491 (SC)

Unit II

Punjab Value Added Tax Act, 2005 · -Security from certain class of Persons S. 25 · -Returns Ss. (26-28) · -Assessment of Tax Ss. (29-30) · -Tax Liability of Casual Traders S. 31 · -Payment and Recovery of Tax Ss (33-38) · Judgments: · 1. Pepsico India Holdings Pvt. Ltd. v. State of Punjab (2006) 28 PHT 355 (P&H) · 2. Alcatel South Asia Ltd. v. State of Punjab (2007) 30 PHT 205 (PVT)

Unit III

Punjab Value Added Tax Act, 2005 ·  Liability to Produce Accounts Ss. (42-50) ·  Information Collection Centers S. 51 ·  Offences and Penalties Ss. (52-61) ·  Appeal and Revision Ss. (62-68) · Judgments: · 1. Laxmikant Chhotelal Gupta v. State of Maharashtra (2007) 30 PHT 170 (SC) · 2. TTK Healthcare Ltd. v. State of Punjab (2007) 29 PHT 304 (HTT)

Unit IV

Central Sale Tax Act, 1956 ·  Definitions : Dealer, Place of Business, Sale, Sale Price S. (2) ·  Formulation of Principles for Declaring when a Sale or Purchase takes place outside a · State or in Course of Import Export Ss. (3-5). ·  Liability to pay tax on Inter State Sale S. 6 ·  Registration of Dealers S. 7 ·  Amendment and Cancellation of Registration Certificate S. 7(4)(b) ·  Penal Provisions Ss 8-10, 10A ·  Declared Goods S. 14 · Judgments: · 1. State of Punjab v. Mahavir Vanaspati Company (2007) 29 PHT 457 (P & H) · 2. State of Tamil Nadu v. Nu-Tread Tyres (2007) 29 PHT 311 (Mad.) (FB)