- HC : Copy of Delhi HC-judgment holding redemption fine forms part of ‘duty, interest, penalty’ under SVLDRS
- SC : Rajasthan’s VAT exemption to locally manufactured Asbestos-Sheets & Bricks, discriminatory under Article 304(a); Strikes-down Notification
- SC upholds tax on ink & chemicals utilized in lottery-ticket printing under works contract
- SC : Ink & chemicals used in lottery-ticket-printing under works-contract taxable as 'sale'; Finds tangible transfer
- SC : Upholds ITC benefit for purchaser-dealer despite selling-dealer's failure to deposit tax
Pursuant to agreed formula for initial adjustment of Net Credit Carry Forward (NCCF) with State of AP, Telangana Govt issues guidelines for arriving at “Provisional Gross 28 NCCF”; Inter alia, states that amount of NCCF as per May 2014 tax period (duly modified by revised return, if any) must be arrived by backend process; Where dealer does not respond to ‘Initial intimation notice’, then provisional gross 28 NCCF will not be given credit until his response
Telangana VAT Circular CCT’s Ref. No. A(1)/11/2014 dated June 2, 2015
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