https://www.taxtmi.com/caselaws?id=251391 Registration and account-maintenance requirements for hallmarking units under the KVAT Act were upheld as valid ancillary and regulatory machinery connected to the State's power to tax sales or purchases of goods. The Court applied the settled principle that a taxing statute may include incidental provisions to identify taxable transactions, secure information, maintain accounts, and prevent evasion, even where the regulated person is not itself liable to tax. The challenge based on legislative competence under entry 54 of List II failed because the impugned provision was treated as a constitutionally permissible regulatory measure. en-us Thu, 28 Feb 2013 00:00:00 +0530 Fri, 12 Sep 2014 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251391 Registration and account-maintenance requirements for hallmarking units under the KVAT Act were upheld as valid ancillary and regulatory machinery connected to the State's power to tax sales or purchases of goods. The Court applied the settled principle that a taxing statute may include incidental provisions to identify taxable transactions, secure information, maintain accounts, and prevent evasion, even where the regulated person is not itself liable to tax. The challenge based on legislative competence under entry 54 of List II failed because the impugned provision was treated as a constitutionally permissible regulatory measure. Case-Laws VAT and Sales Tax Thu, 28 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251391