SC to examine whether states can impose additional sales tax levy
A Supreme Court bench will hear a key question on September 22. This concerns states' power to impose an additional sales tax levy. The Odisha government amended its Sales Tax Act in 1997. This amendment allowed levying extra taxes on dealers base...
By ET Bureau |
Agencies
Supreme Court set to decide if states can levy extra sales tax
New Delhi: A seven-judge Supreme Court Constitution bench will start hearing on September 22 a key question: whether states have the power to impose an additional sales tax levy.
The three-decade-old issue assumes importance as the Odisha government amended the Orissa Sales Tax Act, 1947, and inserted Section 5A in 1997. The amendment allowed the state government to levy an additional tax of 10% on dealers with an annual turnover between ₹10 lakh and ₹1 crore and 15% on exceeding ₹1 crore.
The three-decade-old issue assumes importance as the Odisha government amended the Orissa Sales Tax Act, 1947, and inserted Section 5A in 1997. The amendment allowed the state government to levy an additional tax of 10% on dealers with an annual turnover between ₹10 lakh and ₹1 crore and 15% on exceeding ₹1 crore.
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