<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Bombay Salestax, VAT, Servicetax, GST Articles</title>
	<atom:link href="http://www.bombaysalestax.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.bombaysalestax.com</link>
	<description>This Bombay Salestax, Maharastra VAT, Servicetax and GST website blog is a tax reference guide for students, practicing advocates and lawyers who work in Bombay Salestax, Maharashtra VAT,Servicetax and GST cases. You will also find tax related articles, circulars and judgements in this online tax website.</description>
	<lastBuildDate>Sun, 11 Sep 2011 11:57:28 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
		<item>
		<title>Interest on delayed refund</title>
		<link>http://www.bombaysalestax.com/2011/09/interest-on-delayed-refund/</link>
		<comments>http://www.bombaysalestax.com/2011/09/interest-on-delayed-refund/#comments</comments>
		<pubDate>Sun, 11 Sep 2011 11:57:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=116</guid>
		<description><![CDATA[No interest is payable on the refund due to you as per returns filed by you. However, if granting of refund is delayed beyond the above mentioned periods, you are eligible for interest for delayed payment. Simple interest at the rate of 6% per year would be payable for the period from the due date [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2011/09/interest-on-delayed-refund/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Calculating turnover of sales and purchases</title>
		<link>http://www.bombaysalestax.com/2011/09/calculating-turnover-of-sales-and-purchases/</link>
		<comments>http://www.bombaysalestax.com/2011/09/calculating-turnover-of-sales-and-purchases/#comments</comments>
		<pubDate>Sun, 11 Sep 2011 11:55:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=114</guid>
		<description><![CDATA[The turnover of sales is the total of the amounts received or receivable (excluding VAT charged separately) in respect of the sale of goods, less the amount refunded to a purchaser in respect of goods returned, within six months of the date of the sale. Similarly, the turnover of purchases is the total of the [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2011/09/calculating-turnover-of-sales-and-purchases/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>National GST &#8211; Working Paper</title>
		<link>http://www.bombaysalestax.com/2011/06/national-gst-working-paper/</link>
		<comments>http://www.bombaysalestax.com/2011/06/national-gst-working-paper/#comments</comments>
		<pubDate>Sun, 12 Jun 2011 14:09:04 +0000</pubDate>
		<dc:creator>ntnirale</dc:creator>
				<category><![CDATA[GST]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=111</guid>
		<description><![CDATA[Under this option, the two levels of government would combine their levies in the form of a single national GST, with appropriate revenue sharing arrangements among them. The tax could be controlled and administered by the Centre, States, or a separate agency reporting to them. There are several models for such a tax. Australia is [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2011/06/national-gst-working-paper/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>VAT and liability of Commission Agents in Agricultural Produce Markets</title>
		<link>http://www.bombaysalestax.com/2011/06/vat-and-liability-of-commission-agents-in-agricultural-produce-markets/</link>
		<comments>http://www.bombaysalestax.com/2011/06/vat-and-liability-of-commission-agents-in-agricultural-produce-markets/#comments</comments>
		<pubDate>Sun, 12 Jun 2011 14:03:47 +0000</pubDate>
		<dc:creator>ntnirale</dc:creator>
				<category><![CDATA[Vat]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=109</guid>
		<description><![CDATA[VAT and liability of Commission Agents in Agricultural Produce Markets  By – N.T.Nirale Advocate Vat that is [sales tax] is payable on sales. Not on the sales made by all people, but only on the sales made by the dealers. A question arises whether the Adtiya [Brokers] are liable to pay tax on the sales. [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2011/06/vat-and-liability-of-commission-agents-in-agricultural-produce-markets/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IN TRANSIT SALES, BRANCH TRANSFERS &#8211; Part 3</title>
		<link>http://www.bombaysalestax.com/2010/12/in-transit-sales-branch-transfers-part-3/</link>
		<comments>http://www.bombaysalestax.com/2010/12/in-transit-sales-branch-transfers-part-3/#comments</comments>
		<pubDate>Fri, 17 Dec 2010 03:04:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CST]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=105</guid>
		<description><![CDATA[6.1       In Maharashtra [particularly in Pune Zone] the Branch transfers are being disallowed taking support of A &#38; G Projects [19 VST 239 SC]. It is the contention of the department that once the goods are moving in compliance of the particular order, it is not a branch transfer and such transfers will be liable [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2010/12/in-transit-sales-branch-transfers-part-3/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IN TRANSIT SALES, BRANCH TRANSFERS &#8211; Part 2</title>
		<link>http://www.bombaysalestax.com/2010/12/in-transit-sales-branch-transfers-part-2/</link>
		<comments>http://www.bombaysalestax.com/2010/12/in-transit-sales-branch-transfers-part-2/#comments</comments>
		<pubDate>Fri, 17 Dec 2010 03:03:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CST]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=103</guid>
		<description><![CDATA[4.         Taking the support of the above observations the department has started disallowing branch transfers and in transit sales made within the state.  5.1       In Tamil Nadu the Accountant General has raised objection against the allowance of sales u/s 6[2] where the transit sale is made to the party within the state. According to [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2010/12/in-transit-sales-branch-transfers-part-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IN TRANSIT SALES, BRANCH TRANSFERS &#8211; Part 1</title>
		<link>http://www.bombaysalestax.com/2010/12/in-transit-sales-branch-transfers-part-1/</link>
		<comments>http://www.bombaysalestax.com/2010/12/in-transit-sales-branch-transfers-part-1/#comments</comments>
		<pubDate>Fri, 17 Dec 2010 03:02:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CST]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=101</guid>
		<description><![CDATA[1.         Central Sales Tax [CST] is levied on the sales made in the course of inter state trade and commerce under the Central Sales Tax Act 1956 which is passed by the parliament. But it is collected by the States authorities under Section 9 of the CST Act. When the goods are moving from [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2010/12/in-transit-sales-branch-transfers-part-1/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>No service tax on food supplied aboard trains, says court</title>
		<link>http://www.bombaysalestax.com/2010/07/no-service-tax-on-food-supplied-aboard-trains-says-court/</link>
		<comments>http://www.bombaysalestax.com/2010/07/no-service-tax-on-food-supplied-aboard-trains-says-court/#comments</comments>
		<pubDate>Wed, 28 Jul 2010 15:47:19 +0000</pubDate>
		<dc:creator>ntnirale</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=98</guid>
		<description><![CDATA[The Delhi High Court has said that eatables provided by the Indian Railways Catering and Tourism Corporation (IRCTC) in trains do not come within the ambit of service tax. The Court passed the order on a petition by IRCTC seeking a direction from the Government to impose service tax on food and beverages served by [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2010/07/no-service-tax-on-food-supplied-aboard-trains-says-court/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Centre, States agree on new platform for GST-IT infrastructure for the new tax</title>
		<link>http://www.bombaysalestax.com/2010/07/centre-states-agree-on-new-platform-for-gst-it-infrastructure-for-the-new-tax/</link>
		<comments>http://www.bombaysalestax.com/2010/07/centre-states-agree-on-new-platform-for-gst-it-infrastructure-for-the-new-tax/#comments</comments>
		<pubDate>Wed, 28 Jul 2010 15:46:21 +0000</pubDate>
		<dc:creator>ntnirale</dc:creator>
				<category><![CDATA[GST]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=96</guid>
		<description><![CDATA[New Delhi : The Government will float a special purpose vehicle (SPV) for setting up information technology (IT) infrastructure for the proposed Goods and Services Tax (GST). The SPV, called GST N (Network), will have the Union Government, the States and a technology partner as its stakeholders. In a presentation given to the empowered committee [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2010/07/centre-states-agree-on-new-platform-for-gst-it-infrastructure-for-the-new-tax/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>GST-Proposed Constitutional amendment</title>
		<link>http://www.bombaysalestax.com/2010/07/gst-proposed-constitutional-amendment/</link>
		<comments>http://www.bombaysalestax.com/2010/07/gst-proposed-constitutional-amendment/#comments</comments>
		<pubDate>Wed, 28 Jul 2010 15:45:05 +0000</pubDate>
		<dc:creator>ntnirale</dc:creator>
				<category><![CDATA[GST]]></category>

		<guid isPermaLink="false">http://www.bombaysalestax.com/?p=94</guid>
		<description><![CDATA[Article 246A to be introduced through Constitutional amendment that would give Parliament and State assemblies power to levy GST. Constitution to be amended by introducing article 279A that will provide for creation of a GST council. Headed by Finance Minister, council will have State Finance Ministers as members. Article 279B to be introduced through Constitutional [...]]]></description>
		<wfw:commentRss>http://www.bombaysalestax.com/2010/07/gst-proposed-constitutional-amendment/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

