https://www.taxtmi.com/caselaws?id=262622 The Court held that Explanation 2 to Section 2(1)(zd) of the DVAT Act, allowing VAT on a 'deemed' sale price before the actual sale, is unconstitutional. Consequently, the amendment in Form DVAT-16 omitting input tax claim columns for petroleum dealers was deemed unsustainable. The issue of evaporation loss was not pursued by the Petitioners. The Court left this issue for assessing authorities to decide case-by-case. The writ petitions were disposed of without costs. en-us Tue, 04 Aug 2015 00:00:00 +0530 Mon, 07 Mar 2016 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262622 The Court held that Explanation 2 to Section 2(1)(zd) of the DVAT Act, allowing VAT on a 'deemed' sale price before the actual sale, is unconstitutional. Consequently, the amendment in Form DVAT-16 omitting input tax claim columns for petroleum dealers was deemed unsustainable. The issue of evaporation loss was not pursued by the Petitioners. The Court left this issue for assessing authorities to decide case-by-case. The writ petitions were disposed of without costs. Case-Laws VAT and Sales Tax Tue, 04 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262622