2016 (5) TMI 596

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....dvocate AJAY KUMAR MITTAL, J. 1. In this writ petition filed under Articles 226/227 of the Constitution of India, the petitioner has prayed for issuance of a writ in the nature of mandamus directing respondent No.3 to decide its application dated 31.3.2016 (Annexure P-5) for exemption from payment of advance tax to 0%. 2. The petitioner is engaged in the business of manufacturing of tax-f....

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....00. To implement the policy of the State, the entry tax was abolished by way of omission of items in the Schedule vide notification dated 1.4.2005 and the earlier notifications for the levy of tax were rescinded w.e.f. 1.4.2005 vide notification dated 1.4.2005. The Punjab Government vide notification dated 15.11.2007 re-introduced the levy of entry tax on certain items which had earlier been stopp....

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....retrospective effect from 21.11.2007 vide which the Entry Tax Act has been amended and definition of goods has been changed along with charging Section 3A. The tax has been levied on the entry of goods into local areas as referable to Entry 52 of List II of Seventh Schedule. A consolidated notification for the levy of entry tax was also issued on 18.9.2012. The State Government made amendments in ....

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....r exemption from payment of advance tax by 31.7.2015. The Deputy Excise and Taxation Commissioner, Faridkot, vide ldetter dated 30.12.2015 (Annexure P-3) granted exemption to the petitioner from the payment of advance tax by reducing the rate of advance tax @ 1% till 30.6.2016. The excess ITC was being accrued to the petitioner even after the reduction of rate of advance tax to 1% as per the retur....