2015 (12) TMI 525

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.... Board, Ajmer (hereinafter "the Tax Board"). The question of law in this revision petition is as to whether for levy of exemption fee/composition fee in lieu of turnover tax under the extent Rajasthan Sales Tax Act, 1994 (hereinafter "the Act of 1994"), exempted goods notified by the State of Rajasthan under the Notification No. F.4(11) FD Group-4/95-86 dated March 27, 1995, i.e., cigarette and p....

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.... taxable turnover of the assessee would be less than Rs. 10 crores, i.e., Rs. 10,26,63,948.73-Rs. 33,60,806 = 9,93,03,142.73. In terms of the Notification No. F.4(4)FD/Tax/Div./99 Part 57 dated June 28, 2003 the composition fee/exemption fee for turnover between - Rs. 5 crores and Rs. 10 crores was Rs. 36,000. The Tax Board held that levy of a higher composition fee by the assessing officer on the....

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....mportance) Act, 1957 vide notification dated March 27, 1995 by the State Government had declared cigarettes and products of tobacco exempted from purchase and sales tax under the Act of 1994. In these circumstances the sale of the respondent/assessee to the extent of Rs. 33,60,806 from its business in cigarette and products of tobacco could not have been reckoned for determination of taxable turno....