Sales Tax Instructions

Sales Tax Instructions, 2009
Sales Tax Budget
Instruction 2003-2004.
C.No.1/5-STB/
2003, dated 7 th
June, 2003.
Section 58 amended to
include business enterprise
es and to recover evaded
amount from the owners,
partners or directors of the
company or other business
enterprises.
SECTION-59: Tax Paid on Stocks Acquired before Registration
1 Adjustment of sales tax
paid on inputs acquired &
used before 1st
November, 1990
2 Sales Tax Budget
Instructions 1996-97.
3 Clarification regarding
admissibility of input tax
on capital goods.
4 Input tax credit under
section 59.
5 Sales Tax Budget
Instructions 1997-98.
6 Input tax paid on goods
purchased by a person
before registration.
[Amended vide STGO No.
6/1998 dt 31.08.1998 and
rescinded vide STGO No.3
of 2004 dt 12 th June, 2004]
7 Specific questions relating
to biscuit and confectionery
manufacturers
regarding extention of
sales tax to wholesale/
retail stage.
8 Entitlement of input tax
credit under section 59 of
the Sales Tax Act, 1990
C. No. 1/10//91-
STH, dated 27th
April, 1991
C.No.1/43-STR/
96, dated 13 th
June, 1996.
C. No. 2(24) STP
/96, dated 25 th
September, 1996
C. No. 1(3) Secy
(STP)/96, dated
26 th Sept., 1996.
C.No. 46-STB/
97, dated 13 th
June, 1997.
Sales Tax General
Order No.
2/1998, dated
29 th June, 1998.
C. No. 3(62) STP
.Pt.1, dated 29 th
June, 1998.
C. No. 3(62) STP
/97-PT(V), dated
3 rd Sept., 1998.
Adjustment allowed on inputs
acquired & consumed
before 01.11.90 u/s 27 of
Sales Tax Act, 1951.
To claim input tax credit of
purchases made during the
last 30 days (90 days for
im[porters) prior to the date
of registration.
Sales tax paid on capital
goods is admissible as input
tax provided the condition
laid down in section 59 are
met.
Input allowed u/s 59 on
goods lying in stocks
Instructions related to input
tax on stocks.
Input tax adjustment on
stocks purchased by a
person before registration.
Clarification on the issue of
Sec 59, invoice, further tax.
Input tax credit on stocks
not allowed on voluntary
registration.
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