Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: articles on VAT and GST in India :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: VAT Audit :: TDS :: due date for vat payment :: empanelment :: ACCOUNTING STANDARDS :: form 3cd :: list of goods taxed at 4%
 
 
Direct Tax »
 CBDT denies data inconsistency over new taxpayers after note ban
 No inconsistency in number of tax payers: CBDT
 India will benefit from growing tax revenue in FY2018
 I-T plans to pursue property-holders who have never filed income tax returns
 Direct Tax Collections up to July, 2017 show Growth
 How True is CBDT’s Claim of Record New Tax Filers?
 Five Questions for Republican Tax Reformers
 CBDT signs nine UAPAs with Indian taxpayers
 Made a mistake in your tax return? Here's how to correct it
 6 ways to verify your income tax return
 Businesses can file returns, pay taxes for July on GSTN portal

Sec 17 showroom fined 17,000 for charging extra VAT
March, 04th 2016

Taking serious note of the practice of traders charging value added tax (VAT) on price which is inclusive of all taxes because of discount offers, the District Consumer Disputes Redressal Forum asked an Adidas showroom in Sector 17 to refund Rs 449.93 and pay Rs 17,000 to a consumer.

Anu Pratap, a resident of Sector 16, Chandigarh in her complaint before Consumer Forum said she bought a pair of shoes from the showroom under a promotional offer of 40% off.

"Maximum retail price of the said shoes was Rs 5,999 which was inclusive of all taxes," the complaint read. She alleged that after giving 40% discount, the opposite parties charged Rs 4,049 from her and charged Rs 449.93 as VAT on Rs 5,999, which was already inclusive of all taxes.

Pratap served a legal notice on showroom authorities seeking refund of the excess amount charged. But instead of refunding the amount, they sent a "vague and evasive reply" justifying their action of charging VAT.

The complainant described the aforesaid act and conduct as deficiency in service and unfair trade practice. Despite a notice, no one appeared on behalf of the showroom and the case was proceeded ex-parte.

"This act of the showroom managers draws an adverse inference against them," the forum stated. Their non-appearance shows they have nothing to say in their defence against the allegations made by the complainant. Therefore, assertions of the complainant go unrebutted and uncontroverted, the forum held.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Reengineering Software Re-engineering Software Reverse Engineering Software Reverse Development Software Change Modulation Software Conversion Software Re-creation Software Re-development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions