Vidhi Codex

JHARKHAND VALUE ADDED TAX ACT 2005

The Jharkhand Value Added Tax Act, 2005

Tax2005101 sections11 chapters

This Act establishes a Value Added Tax system in the state of Jharkhand to regulate the levy of taxes on the sale and purchase of goods as well as the entry of goods into local areas. It applies to all persons engaged in business activities within the state who are required to pay tax under this law. The primary purpose of the legislation is to consolidate existing tax laws and generate necessary revenue to fund the development of trade, commerce, and industries in Jharkhand.

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Chapter II TRIBUNAL AND TAXING AUTHORITIES →

  1. 3Tribunal
  2. 4Taxing Authorities
  3. 5Powers of Tribunal and Taxing Authorities to take Evidence on Oath, etc.
  4. 6Penal Code, 1860 (XLV of 1860).
  5. 7Section 21 of Indian Penal Code.

Chapter III THE INCIDENCE, LEVY AND RATE OF TAX →

  1. 8Incidence of Tax
  2. 9Thereupon the dealer shall pay the amount so determined, by such date as may be fixed by such authority.
  3. 10Levy of Tax on Purchases
  4. 10ALevy of Surcharge
  5. 11*Charge of Tax on Entry of Goods
  6. 12*Levy of Tax on Containers and Packing Material
  7. 13Rate of Tax
  8. 14* Exemptions
  9. 15Output Tax
  10. 16*Input Tax
  11. 17*Tax Payable
  12. 18**Input Tax Credit
  13. 19** Input tax credit exceeding tax liability
  14. 20*Input Tax Credit on the Closing Stock of Registered Dealers prior to appointed
  15. 21*Adjustment of Input Tax Credit
  16. 22*Levy of Presumptive Tax on Registered Dealers
  17. 23Powers of Government to Amend Schedules: -
  18. 24Credit Notes and Debit Notes

Chapter IV REGISTRATION OF DEALERS, AMENDMENT AND CANCELLATION OF REGISTRATION →

  1. 25Compulsory Registration of Dealers:-
  2. 26Voluntary Registration of Dealers
  3. 27Security to be furnished in certain Cases
  4. 28Imposition of Penalty for failure to get Registered

Chapter V RETURNS, ASSESSMENT, RECOVERY AND REFUND OF TAX →

  1. 29Periodical Returns and Payment of Tax
  2. 30* Return and payment Defaults
  3. 31Collection of Tax only by Registered Dealers
  4. 32Rounding off of the Amount of Tax or Penalty
  5. 33* Scrutiny of Returns:-
  6. 34Tax Audit:-
  7. 35Assessment and self Assessment
  8. 36Provisional Assessment
  9. 37Audit Assessment
  10. 38Assessment of Dealer who fails to get himself Registered
  11. 39No Assessment after five years
  12. 40Turnover escaping Assessment
  13. 41Exclusion of time period for Assessment
  14. 42Power of Reassessment in certain Cases
  15. 43Payment and Recovery of Tax, Penalty and Interest
  16. 44*Special Provisions relating to Deduction of Tax at source in certain Cases
  17. 45*Special Provision relating to Advance Recovery of Tax on Sales and Supplies to
  18. 46Special mode of Recovery
  19. 47Collection of Tax by Dealer
  20. 48Forfeiture of Tax Collected in Violation of this Act
  21. 49Sales not liable to Tax and Zero Rated Sales
  22. 50Central Sales Tax Act, 1956.
  23. 51Assets in favour of any other person with the intention to defraud Revenue, such Charge or Transfer shall be void, as against any claim in respect of any tax or any other sum payable by such person, as a result of completion of the said proceeding.
  24. 52Provided that when an appeal or revision has been filed, the period of limitation shall run from the date on which the amount due is finally determined.
  25. 53Provisional Refund
  26. 54Refund of Tax to certain categories
  27. 55Interest
  28. 56Power to withhold Refund in certain Cases
  29. 57* Exemption of certain Sales and Purchases
  30. 58*Composition of Tax

Chapter VI ACCOUNTS AND RECORDS →

  1. 59Maintenance of Accounts and Records etc.
  2. 60Tax Invoice
  3. 61Electronic Record
  4. 62Requirement to Provide Information
  5. 63Audit of Accounts
  6. 64Dealer to declare the name of his Business Manager

Chapter VII LIABILITY IN SPECIAL CASES →

  1. 65Liability to pay Tax in Case of death
  2. 66Certain Agents liable to Tax for Sales on behalf of Principal
  3. 67Liability of Partners
  4. 68Amalgamation of Companies

Chapter VIII INSPECTION OF ACCOUNTS, DOCUMENTS, SEARCH OF PREMISES AND ESTABLISHMENT →

  1. 69Bureau of Investigation
  2. 70Production and Inspection of Accounts and Documents and search of premises
  3. 71Survey
  4. 72Establishment of Check Posts, Inspection of Goods in Transit and Movement of
  5. 73Furnishing of Information by Clearing, Forwarding or Booking Agent, Government
  6. 74Automation
  7. 75Power to collect Statistics
  8. 76Disclosure of Information by a Public Servant
  9. 77Government as may be necessary for the administration of any law in force in India.
  10. 78Publication and disclosure of Information in respect of Dealers and other persons

Chapter IX APPEAL AND REVISION →

  1. 79Appeal
  2. 80Revision
  3. 81Review
  4. 82Statement of cases to High Court
  5. 83Burden of Proof

Chapter X OFFENCES AND PENALTIES →

  1. 84Offences and Penalties
  2. 85Offences by Companies
  3. 86Cognizance of Offences
  4. 87Code.
  5. 88Compounding of Offences

Chapter XI MISCELLANEOUS →

  1. 89Court Fee on Appeal and certain other Applications
  2. 90Application of Sections 4 and 12 of Limitation Act
  3. 91Appearance before any Authority in course of proceedings.
  4. 92Declaration of Stock of Goods held on the Appointed Day
  5. 93Bar to certain Proceedings
  6. 94Power to make Rules

Chapter XII TRANSITION, REPEAL AND SAVINGS →

  1. 95Transitional Provisions
  2. 96Repeal and Savings
  3. 97Removal of Difficulties

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