TaxTMI 
TaxTMI 
TaxTMI 
gross turnover
X X X X Extracts X X X X
X X X X Extracts X X X X
....ross turnover<br> Query (Issue) Started By: - d.v. gupta Dated:- 14-6-2011 Last Reply Date:- 15-6-2011 VAT + CST<br>Got 4 Replies<br>VAT / Sales Tax<br>A dealer is in business of slae/purchase of cel....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lular phones, rechage coupns etc.whether the dealer should declare the sale of rechage coupn as exempt sale in its vat return. It is wirthwhile to note that rechage coupn is not subject to sales tax a....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s no sale, but transfer of services only. Reply By pradeep khatri: The Reply: Recharge coupan is chargable to DVAT. Even there is a DVAT Tribunal's adjudication in favour of revenue department. Plea....
X X X X Extracts X X X X
X X X X Extracts X X X X
....se check with your consultant. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Recharge coupon is not subject to sales tax or VAT since service tax is collected for such coupons. Reply By Vijay Chitte:....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... The Reply: As per my view, rechage coupan sale/purchase by dealer is subject to sale tax only, Being as a dealer he is not providing any services to cutomer. Basically, actvity of dealer is, recharg....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e coupan buying in wholesale and selling in retail. Contrary view is that, recharge coupan is acknowlege of receipt of money in advance for providing telecom service in future is actionable claim and....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... hence not subject to sale tax. Actually, this aspect is not accepted by the state government. Reply By MARIAPPAN GOVINDARAJAN: The Reply: In many cases the Tribunals endorsed the second point expr....
X X X X Extracts X X X X
X X X X Extracts X X X X
....essed by Shri Vijay Chitte.<br> Discussion Forum - Knowledge Sharing ....