operated a. scheme in order to encourage thrift as also to mobilise funds for developmental works. Under the gift linked scheme a prize coupon ... mobilise funds for developmental works, saving schemes are operated by the Government. Under the gift linked scheme, a prize coupon is given to the investor
operated a scheme in order to encourage thrift as also to mobilise funds for developmental works. Under the gift linked scheme a prize coupon ... mobilise funds for developmental works, saving schemes are operated by the Government. Under the gift linked scheme, a prize coupon is given to the investor
operated a scheme in order to encourage thrift as also to mobilise funds for developmental works. Under the gift linked scheme a prize coupon ... mobilise funds for developmental works, saving schemes are operated by the government. Under the gift linked scheme, a prize coupon is given to the investor
operated a scheme in order to encourage thrift as also to mobilise funds for developmental works. Under the gift linked scheme a prize coupon ... mobilise funds for developmental works, saving schemes are operated by the government. Under the gift linked scheme, a prize coupon is given to the investor
provides that "any
dealer conducting exhibitions, exchange melas or any prize
schemes for sales promotion, shall obtain a written permission
from the assessing authority ... conspicuous place
where the exhibition or exchange mela or prize scheme is
conducted." This provision in the KVAT Act requires only that a
dealer
business activities carried on by them would
neither be money circulation scheme, nor prize chits, nor the said activity would
be covered under ... offence under the Act of 1978 which pertains to
money circulation scheme or prize chits cannot co-exist with the provisions of
Section
business activities carried on by them would neither be money circulation scheme, nor prize chits, nor the said activity would be covered under ... offence under the Act of 1978 which pertains to money circulation scheme or prize chits cannot co-exist with the provisions of Section
confronted. Further, it
was found that there was a Customer Care Scheme with Prize
Coupons issued by the assessee. As per the Scheme ... offered
was not satisfactory. The purchasers, who were granted
Customer Care Scheme Prize Coupons far in excess of the
sales price invoiced were cross-examined
defines "money circulation scheme"
thus:
" "money circulation scheme" means any
scheme by whatever name called, for the making of
quick ... firm and employees, who
conduct a Scheme by name "LIS Deepasthambham
Scheme". The scheme is apparently simple in its
conception. A person
dealer conducting exhibitions, exchange
melas or any prize schemes for sales
promotion, shall obtain a written permission
from the assessing authority with whom ... conspicuous place where the exhibition or
exchange mela or prize scheme is conducted."
W.P.(C) No. 14812 OF 2010
3
Rule
