amount by way of tax or purporting to be by way of tax :] [These words were substituted for the words 'tax exceeding the rate notified ... amount by way of tax or purporting to be by way of tax and shall not be entitled to input tax credit on goods purchased
result of purchase or otherwise for the purpose of business. (xxiii) "Input Tax" means the tax paid or payable under this Act by a registered ... year or an year; (xlii) "Reverse tax" means that portion of input tax of the goods for which credit has been availed but such goods
tax under the Act shall collect such tax at the rate or rates at which he is liable to pay tax, and the tax collected ... Output tax, input tax and net tax.
(1) Output tax in relation to any registered dealer means the tax payable under this Act in respect
Amendment of section 16.
In the Integrated Goods and Services Tax Act, 2017, in section 16, –– (a) in sub-section (1), in clause (b), after ... zero rated supply shall be eligible to claim refund of unutilised input tax credit on supply of goods or services or both, without payment
Tax Act, 2017; (58) "integrated tax" means the integrated goods and services tax levied under the Integrated Goods and Services Tax Act; (59) "input" means ... office; (62) "input tax" in relation to a registered person, means the Central tax, State tax, integrated tax or Union territory tax charged
jurisdiction of the Stale; (o) "input tax" in relation to a taxable person means value added tax (VAT), paid or payable under this ... including input tax credit carried forward from the preceding tax periods, if any) from the output tax, payable by him during the tax period
dealer liable to pay tax under this Act. (b) Where the tax is levied at each point of sale, the tax payable by a dealer ... case the inputs or goods are used partially for the purpose specified in sub-section (3), the claim for input tax credit shall stand reduced
Section 67 in The Central Goods and Services Tax Act, 2017
67. Power of inspection, search and seizure.
(1) Where the proper officer, not below ... both or the stock of goods in hand, or has claimed input tax credit in excess of his entitlement under this Act or has indulged
goods of greater value or reducing the amount of refund or input tax credit shall not be passed unless the appellant has been given ... where input tax credit has been wrongly availed or utilised, no order requiring the appellant to pay such tax or input tax credit shall
Central Goods and Services Tax Act, 2017
74. Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed ... been paid or short paid or erroneously refunded or where input tax credit has been wrongly availed or utilised by reason of fraud
