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done locally against local purchases only. For the contractors executing
works of the Government, who do not carry out purchase from local dealers,
will be charged higher entry tax.
10. Sir, in order to encourage local trade and industry, I propose to issue a
Notification, that for the purpose of comparison of price for any Government
Tender, the rate of VAT and Entry Tax shall not be accounted. This step will
help in clarify the confusion created by Audit remarks. Both the taxes are
revenue to the State and the Government encourages purchases in its
Departments from local dealers, subject to being the lowest, but before
charging of VAT.
11. Sir, it has been brought to my notice that, if any fraudulent claim of
excess or wrong Input Tax Credit (ITC) or skipping of turnover etc. is noticed
beyond prescribed limitation period of assessment or re-assessment; the
Department cannot proceed to deal with such cases. There is also a need to
fine tune the other provisions of assessment as well as reassessment to
make it more useful and effective. I therefore propose to amend these
provisions suitably.
12. Sir, these days we have seen the increased trend of casual traders who
do not have any fixed place for business activity. It becomes difficult, to keep
a watch on his selling activity, as well as, to assess the dealer to determine
his actual liability. It is therefore felt necessary that new provisions, need to
be introduced so that such dealers can be assessed on the spot, at site,
based on the factual position as noticed or noticeable by the Commissioner
under the VAT Act.
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