Commodities transaction tax to be levied and applied from notified commencement to taxable commodities transactions entered thereafter. Establishes a Commodities Transaction Tax framework extending to the whole of India, to commence on a date notified by the Central Government, and applying to taxable commodities transactions entered into on or after that notified commencement date, with statutory provisions for levy, collection and recovery under this Chapter.
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Provisions expressly mentioned in the judgment/order text.
Commodities transaction tax to be levied and applied from notified commencement to taxable commodities transactions entered thereafter.
Establishes a Commodities Transaction Tax framework extending to the whole of India, to commence on a date notified by the Central Government, and applying to taxable commodities transactions entered into on or after that notified commencement date, with statutory provisions for levy, collection and recovery under this Chapter.
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