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
Latest Expert Exchange
News Headlines »
 How to use your Form 16
 Which ITR form applies to you for financial year 2017-18?
 Income tax returns filing form-2 released; should you use it? Find out
  Are you planning to file ITR 1 form? here's how to do it Income Tax Return (ITR) filing
 30 LPA-Opening Financial Controller
 ITR form 2 in java release by CBDT for return filing by individuals
 How to file your income tax return using ITR Form-1 Income Tax efiling for AY 2018-19
 Income tax returns (ITR) filing: Have you received I-T dept notice? Safeguard yourself; here is how
 Delayed release of electronic ITR forms may compel CBDT to extend the filing deadline
 Trading volume linked to tax return?
 How to e-verify your income tax return? Here are five ways to do it

SC extends stay on levy of enhanced entry tax by MP
June, 27th 2007
The Supreme Court on Monday directed the Madhya Pradesh High Court to dispose by July 3 a matter pertaining to enhanced entry tax collected by Madhya Pradesh, while extending the stay on such a levy till July 25.

A vacation bench headed by Tarun Chatterjee extended the stay -- which comes as a relief to telecom major Bharti Airtel and tobacco firm Godfrey Philips India that had challenged the levy.

The matter is listed for final hearing before the High Court on July 3.

The High Court had upheld the validity of the 'Madhya Pradesh sthaniya kshetra me mal ke pravesh par kar adhiniyam 1976 and 2006 (entry tax acts) and the Sanshodhan Adhiniyam 2004 on the ground that the levy being compensatory in nature was immune from the challenge.

The High Court had directed the petitioners to continue depositing the entry tax on cigarettes and other similar products of tobacco and telecom related goods at the enhanced rate of 10 percent charged pursuant to the adhyadesh of 2006.

Both the companies have challenged the High Court order decision upholding the state government's right to levy tax on raw materials and packaging goods in manufacture of finished goods at higher rates than the rates prescribed under the entry tax act.

Senior counsel U U Lalit appeared for Madhya Pradesh, while A K Ganguli for Godfrey Philips India.

The companies stated that more than 40 petitions were pending before the High Court challenging the levy of entry tax on the goods brought into the state from outside as well as the goods entering from one local area to another.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

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