https://www.taxtmi.com/caselaws?id=416719 Section 40(a)(iib) disallows licence-related levies imposed exclusively on a State Government undertaking, and the phrase "levied exclusively on" is read in light of the undertaking and the nature of the licence rather than the number of undertakings holding it. On that construction, gallonage fee, licence fee and shop rental (kist) attached to FL-9 and FL-1 licences are disallowable. By contrast, surcharge on sales tax and turnover tax remain taxes, not fees or charges, and the provision cannot be extended to them by implication. Accordingly, licence-linked levies fall within the disallowance, while tax surcharges do not. en-us Mon, 03 Jan 2022 00:00:00 +0530 Tue, 22 Feb 2022 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416719 Section 40(a)(iib) disallows licence-related levies imposed exclusively on a State Government undertaking, and the phrase "levied exclusively on" is read in light of the undertaking and the nature of the licence rather than the number of undertakings holding it. On that construction, gallonage fee, licence fee and shop rental (kist) attached to FL-9 and FL-1 licences are disallowable. By contrast, surcharge on sales tax and turnover tax remain taxes, not fees or charges, and the provision cannot be extended to them by implication. Accordingly, licence-linked levies fall within the disallowance, while tax surcharges do not. Case-Laws Income Tax Mon, 03 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416719