Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: due date for vat payment :: VAT Audit :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: cpt :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment
 
 
VAT (Value Added Tax) »
 Is it a modified Value Added Tax?
 GST regime: VAT Commissioner and CBEC to work with businesses
 Amendments in the Second Schedule appended to the Act (Delhi Value Added Tax Act, 2004)
 Guidelines relating to downloading of Statutory Forms-Modification thereof
  Grant of Registration under DVAT & CST
 VAT on petroleum products to continue, to be decided by GST Council
 Government rolls out settlement scheme to clear VAT, CST dues
 Maharashtra government offers VAT benefit to realty buyers
 Govt should focus on income tax instead of VAT
 Amendments in the second Schedule received from Finance Deptt.
 VAT exemption stays in tax reform bill

Charging VAT on discounted items costs shoe dealers
July, 31st 2015

Charging VAT on discounted item costs city based shop and manufacturer of shoes dear as the consumer forum directed them to pay Rs 10,000 as compensation for deficient services to sector 70 SAS Nagar resident.

Disposing of the complaint filed by Jashan Preet Singh Gill resident of sector 70 SAS Nagar, consumer forum directed Shoppers Stop Elante Mall Chandigarh and Red Tape -- manufacturer of shoes to also pay Rs 7000 as cost of litigation to complainant.

In complaint Gill alleged he had purchased a pair of shoes from Shoppers Stop inLante Mall during sale. He alleged he was charged VAT for pair of shoes with MRP of Rs 3295 after giving flat discount of 40%.

He also alleged that he had paid Rs 300 to become silver member of first citizen scheme floted by the shop to get imitations through sms, emails regarding various offers, special schemes, discounts and season sales but they failed to provide him this service.

Consumer forum presided over by PL Ahuja, held, "Charging VAT on discounted price inspite of mention on tag that MRP is inclusive of all taxes, is against trade practice."

The forum held, "The act of not offering their services of sms alert to complainat inspite being member of the silver member of first citizen scheme and charging VAT on discounted product clearly proves deficieny in service."

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

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