which reads as follows:-
Section 18 :- Zero-rating.- (1) The following shall be zero-rate sale for the purpose of this Act, and shall ... TNVAT Act, deals with zero rating, sub-section (1) defines what are zero rated sales for the purposes of the TNVAT Act and shall
reads as under :
"5A. Zero rated sale :
The following sale shall be zero rated sale
for the purpose of this Act and tax credit ... Schedule III shall not be zero rated sale:
Provided further that the sale of certain
goods or sale of goods by any dealer or
class
reads as follows:
" Section 18 . Zero-rating.- (1) The following shall be zero rate sale for
the purpose of this Act, and shall ... sale in the course of export. Therefore, the sale to the 100%
EOU is the last sale preceding the sale occasioning the export
Zero-rated.
7. The Manipur Value Added
Tax Act, 2005
Section 2(41) . Zero rating
Section 2(41) . Zero rating
“Zero-rating” in relation ... sale is admissible.
Section 18 . Zero-rating:
Section 18 . Zero- rating:
18(1) The following shall be zero rate sale for the purpose of this
revenue neutral.
10. Mr.N.Sriprakash, learned counsel submitted that zero-rated sale under Section 18 of the Act is distinct and it is interpreted ... that sale is admissible.
Section 18 :- Zero-rating.- (1) The following shall be zero-rate sale for the purpose of this Act, and shall
Zero-rated.
7. The Manipur Value Added
Tax Act, 2005
Section 2(41) . Zero rating
Section 2(41) . Zero rating
“Zero-rating” in relation ... sale is admissible.
Section 18 . Zero-rating:
Section 18 . Zero- rating:
18(1) The following shall be zero rate sale for the purpose of this
Section 2(41) . Zero rating
Section 2(41) . Zero rating
“Zero-rating” in relation to sale of goods means a tax levied at the rate ... sale is admissible.
Section 18 . Zero-rating:
Section 18 . Zero- rating:
18(1) The following shall be zero rate sale for the purpose of this
PETITIONER
TOTAL ELIGIBLE ITC
Zero Rated Sales
59,60,726
CST Sales
64,08,193
VAT Sales
9,09,400
TOTAL ELIGIBLE ... above ITC on Zero Rated Sales was
adjusted first Against VAT Sales
VAT liability
ITC on Zero Rated Sales available
59,60,726
Less
rated sale" means a sale of goods by a registered dealer to another registered dealer on which the rate of tax leviable shall be zero ... Schedule III shall not be zero rated sale: Provided further that the sale of certain goods or sale of goods by any dealer or class
claiming refund
of the Input Tax Credit on the zero rated sales effected by it. On the other
hand, the petitioner has merely adjusted ... said provisions reads as under:-
18. Zero-rating .-.
(1) The following shall be zero rate sale for the purpose
of this Act, and shall
