https://www.taxtmi.com/caselaws?id=395143 Section 40(a)(iib) applies only to levies that are fees or charges exclusively imposed on a State Government undertaking in relation to the relevant licensed activity. Gallonage fee, licence fee and shop rental (kist) linked to FL-9 wholesale foreign liquor licences were treated as exclusive levies connected with the monopoly trade and therefore fell within the disallowance. By contrast, FL-1 retail licence fees and shop rental were not exclusive to a single undertaking, and surcharge on sales tax and turnover tax retained the character of tax rather than a covered fee or charge, so they were outside the provision. en-us Thu, 30 Apr 2020 00:00:00 +0530 Fri, 08 May 2020 10:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395143 Section 40(a)(iib) applies only to levies that are fees or charges exclusively imposed on a State Government undertaking in relation to the relevant licensed activity. Gallonage fee, licence fee and shop rental (kist) linked to FL-9 wholesale foreign liquor licences were treated as exclusive levies connected with the monopoly trade and therefore fell within the disallowance. By contrast, FL-1 retail licence fees and shop rental were not exclusive to a single undertaking, and surcharge on sales tax and turnover tax retained the character of tax rather than a covered fee or charge, so they were outside the provision. Case-Laws Income Tax Thu, 30 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395143