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The Meghalaya Value Added Tax Act 2003 (Act No.2 of 2005).pdf

Meghalaya

An Act to provided for and consolidate the Laws relating to lavy of Value Added Tax on Sales or Purchase of goods in the State of Meghalaya:

Act number
2 of 2005
Ministry
Meghalaya Law Department
Department
Law Department
Enacted
25 Feb 2005

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

117 sections

  1. Section 1Short title extent and commencement
  2. Section 2Definitions
  3. Section 3Incidence Tax
  4. Section 4Tax payable by a dealer or a person
  5. Section 5Levy of Value Added Tax on goods specified in the Schedule appended to this Act:-
  6. Section 6Purchase tax payable on purchase of certain goods
  7. Section 7Levy of tax on containers and packing materials
  8. Section 8Exemption
  9. Section 9Output Tax
  10. Section 10Input tax
  11. Section 11Input tax credit
  12. Section 12Reverse tax credit
  13. Section 13Net tax credit
  14. Section 14Input tax credit exceeding tax liability
  15. Section 15Adjustment of input tax credit
  16. Section 16Burden of proof
  17. Section 17Levy of presumptive tax on registered retailers
  18. Section 18Net tax payable by the dealer
  19. Section 19Stock brought forward during transition
  20. Section 20Credit and debit notes:
  21. Section 21Liability to pay in case of death
  22. Section 22Certain agents liable to tax for sales on behalf of principal
  23. Section 23Liability of partners
  24. Section 24Amalgamation of companies
  25. Section 25Sales tax authorities
  26. Section 26Delegation of Commissioner’s powers
  27. Section 27Appellate Authority
  28. Section 28Revisional Authority
  29. Section 29Appellate Tribunal
  30. Section 30Enforcement Branch
  31. Section 31Compulsory registration of dealers
  32. Section 32Voluntary registration of dealer
  33. Section 33Security to be furnished:-
  34. Section 34Imposition of penalty for failure to get registered
  35. Section 35Periodical return and payment of tax and interest
  36. Section 36Return defaults
  37. Section 37Collection of tax only by registered dealers
  38. Section 38Rounding off of the amount of tax or penalty
  39. Section 39Security of Return
  40. Section 40Interest payable by dealer
  41. Section 41Interest
  42. Section 42Power to with hold refund in certain cases
  43. Section 43Exemption of certain sales and purchase
  44. Section 44Composition of tax
  45. Section 45Assessment
  46. Section 46Assessment of tax payable by dealer other than registered dealers
  47. Section 47Assessment of dealer who fails to get himself registered
  48. Section 48Payment of tax and penalty:-The amount of tax
  49. Section 49Refund
  50. Section 50Provisional refund
  51. Section 51Rectification of assessment
  52. Section 52Tax Audit
  53. Section 53Self assessment
  54. Section 54Provisional assessment
  55. Section 55Audit assessment
  56. Section 56Assessment of dealers who fails to get himself registered
  57. Section 57No assessment after five year
  58. Section 58Turnover escaping Assessment
  59. Section 59Exclusion of time period for assessment:-
  60. Section 60Special mode of recovery:-
  61. Section 61Collection of tax by dealer
  62. Section 62Sales not liable to tax
  63. Section 63Tax to the first charge on property
  64. Section 64Period of limitation of recovery for tax:
  65. Section 65Appeal against assessment
  66. Section 66Suo moto revision and revision by Commissioner upon application
  67. Section 67Review of order
  68. Section 68Appeal to the High Court:
  69. Section 69Appeal to the Appellate Tribunal
  70. Section 70Revision to High Court
  71. Section 71Hearing of revision and Review by the High Court
  72. Section 72Burden of proof
  73. Section 73Persons appointed under section 25 and members of Appellate Tribunal to be public servants
  74. Section 74Identity of Government Servants:-
  75. Section 75Restriction on movement of goods
  76. Section 76Erection of check post
  77. Section 77Transit of goods by road through the State and issue of transit pass
  78. Section 78Automation
  79. Section 79Power to collect statistics
  80. Section 80Registration of transporters
  81. Section 81Maintenance of accounts by transporter, carrier or transporting agent
  82. Section 82Inspection, search and seizure of records or documents
  83. Section 83. Surveys
  84. Section 84Inspection, Search Seizure
  85. Section 85Disposal of seized goods
  86. Section 86Audit of accounts
  87. Section 87Dealer to declare the name of his business manager
  88. Section 88Compulsory issue of tax invoice, cash memo or bill
  89. Section 89Electronic record
  90. Section 90Offences
  91. Section 91Penalties
  92. Section 92Offences by Companies
  93. Section 93Cognizance of offences
  94. Section 94Imposition of fine
  95. Section 95Investigation of offence
  96. Section 96Compounding of offence
  97. Section 97Remission
  98. Section 98Power of taking evidence on oath, etc
  99. Section 99Returns etc. to be confidential
  100. Section 100Disclosure of information required under Section 79 and failure to furnish information or return under that section
  101. Section 101Publication and disclosure of information respecting dealers and other persons in public interest.
  102. Section 102Statement to be furnished by dealer, transporter, owner or lessee of warehouse, etc:
  103. Section 103Information to be furnished by dealers regarding changes of business:-If any dealers:
  104. Section 104Statement, accounts or declarations to be furnished by dealers
  105. Section 105Information to be furnished by dealers in respect of transfer of goods otherwise than by way of sales:-
  106. Section 106Special provisions relating to deduction of tax at source
  107. Section 107Application of the Meghalaya Land Revenue Regulation Act for Recovery of tax recoverable as arrear of land revenue:-
  108. Section 108Bar to proceeding in Civil courts
  109. Section 109Power of State Government to prescribed rates of fees
  110. Section 110Application of Section 4 and 12 if Limitation Act
  111. Section 111Appearance before any authority in proceedings
  112. Section 112Power of State Government to amend schedules
  113. Section 113Power of State Government to make rules
  114. Section 114Power of State Government to remove difficulties
  115. Section 115Clearance certificate
  116. Section 116Transition
  117. Section 117Repeal and savings