2006 (9) TMI 497

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.... Value Added Tax Act, 2005 (for short, "the PVAT Act") to be ultra vires to the provisions of section 15(c) of the Central Sales Tax Act, 1956 (for short, "the Central Act") on the ground that credit of tax paid on paddy is not being allowed as input tax credit (ITC) while calculating the tax payable on rice procured out of it. The case of the petitioner is that it had purchased rice extracted o....

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....ises the imposition of a tax on the sale or purchase of declared goods, be subject to the following restrictions and conditions, namely:-- (a) . . . (b) . . . (c) where a tax has been levied under that law in respect of the sale or purchase inside the State of any paddy referred to in subclause (i) of clause (ii) of section 14, the tax leviable on rice procured out of such paddy shall be redu....

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....of this order be placed on the file of each connected case." Learned counsel for the State has handed over a note from the Assistant Excise & Taxation Commissioner, Patiala to the following effect: "Note for Additional Advocate-General, Punjab in the case of Food Corporation of India. (C. W. P. No. 6222 of 2006) Subject: Set-off of tax paid on paddy in the event of sale of rice. The Excise and....