Welcome - Logout VAT Act - Meghalaya     STATE HOME       SELECT ANOTHER STATES                                     ACT RULES SCHEDULES FORMS CIRCULARS NOTIFICATIONS PRESS FINANCE ACT ARTICLES QUERIES E-FILING                           MEGHALAYA VALUE ADDED TAX ACT 2003 Section| Section heading   Chapter I - PRELIMINARY   1 Short title, extent and commencement 2 Definitions Chapter II - INCIDENCE AND LEVY OF TAX 3 Incidence Tax 4 Tax payable by a dealer or a person 5 Levy of Value added tax on goods specified in the schedule appended to this act. 6 Purchase tax payable on purchase of certain goods 7 Levy of tax on containers and packing materials 8 Exemptions 9 Output tax 10 Input tax 11 Input tax credit 12 Section 12 13 Net tax credit 14 Input tax credit exceeding tax liability. 15 Adjustment of input Tax credit 16 Burden of proof 17 Levy of presumptive tax on registered retailers 18 Net tax payable by the dealer 19 Stock brought forward during transition 20 Credit and debit notes   Chapter III - LIABILITY IN SPECIAL CASES 21 Liability to pay tax in case of death 22 Certain agents liable to pay tax for sales on behalf of principal 23 Liability of partners 24 Amalgamation of companies Chapter IV - TAXING, APPELLATE AND REVISIONAL AUTHORITIES AND ENFORCEMENT BRANCH 25 Sales tax authorities 26 Delegation of commissioner's powers 27 Appellate authority 28 Revisional authority 29 Appellate Tribunal 30 Enforcement branch Chapter V - REGISTRATION OF DEALER AND DEMAND OF SECURITY ETC. 31 Compulsory registration of dealers 32 Voluntary registration of dealers 33 Security to be furnished 34 Imposition of penalty for failure to get registered   Chapter VI - RETURN AND PAYMENT OF TAX, ASSESSMENT ETC. 35 Periodical return and payment of tax and interest 36 Return defaults 37 Collection of tax only by registered dealers 38 Rounding off the amount of tax or penalty 39 Scrutiny of Return 40 Interest payable by dealer 41 Interest 42 Power to withhold refund in certain cases 43 Exemption of certain sales and purchases 44 Composition of tax 45 Assessment 46 Assessment of tax payable by dealer other than registered dealers 47 Assessment of dealer who fails to get himself registered 48 Payment of tax and penalty 49 Refund 50 Provisional refund 51 Rectification of assessments 52 Tax audit 53 Self assessment 54 Provisional assessment 55 Audit assessment 56 Assessment of dealers who fails to get himself registered 57 No assessment After five year 58 Turnover escaping Assessment 59 Exclusion of time period for assessment 60 Special mode of recovery 61 Collection of tax by dealer 62 Sales not liable to tax 63 Tax to be first charge on property 64 Period of limitation for recovery of tax   Chapter VII - APPEAL, REVISION AND REVIEW. 65 Appeal against assessment 66 Suo moto revision and revision by Commissioner upon application 67 Review of order 68 Appeal to the High Court 69 Appeal to the Appellate Tribunal 70 Revision to High Court 71 Hearing of revision and Review by the High Court 72 Burden of proof 73 Persons appointed 74 Indemnity of Govt. Servant   Chapter VIII - MEASURES TO REGULATE TRANSPORT OF GOODS 75 Restriction on movement of goods 76 Erection of check posts 77 Transit of goods by road through the State and issue of transit pass 78 Automation 79 Power to collect statistics 80 Registration of transporters 81 Maintenance of accounts by transporter, carrier or transporting agent. 82 Inspection, search and seizure of records or documents 83 Survey Chapter IX - ACCOUNTS, INSPECTION, SEARCH AND SEIZURE AND POWER TO CALL FOR INFORMATION 84 Inspection, Search and seizure 85 Disposal of seized goods 86 Audit of accounts 87 Dealer to declare the name of his business manager 88 Compulsory issue of tax invoice, cash memo or bill 89 Electronic record   Chapter X - OFFENCES AND PENALTIES 90 Offences 91 Penalties 92 Offences by companies 93 Cognizance of offences 94 Imposition of Fine 95 Investigation of offences 96 Compounding of offences 97 Remission   Chapter XI - MISCELLANEOUS 98 Power of taking evidence on oath, etc 99 Returns etc. to be confidential 100 Disclosure of information required under section 79 and failure to furnish information or return under that section. 101 Publication and disclosure of information respecting dealers and other persons in public interest. 102 Statement to be furnished by dealer, transporter, owner or lessee of warehouse, etc.   103 Information to be furnished by dealers regarding changes of business   104 Statements, accounts or declarations to be furnished by dealers   105 Information to be furnished by dealers in respect of transfer of goods otherwise than by way of sale   106 Special Provisions relating to deduction of tax at source   107 Application of the Meghalaya Land Revenue Regulation Act for recovery of tax recoverable as arrear of land,revenue   108 Bar to Proceeding in Civil courts 109 Power of State Government to prescribed rates of fees 110 Application of sections 4 and 12 of Limitation Act 111 Appearance before any authority in proceedings 112 Power of State Government to amend schedules 113 Power of State Government to make rules 114 Power of State Government to remove difficulties 115 Clearance Certificate   Chapter XII - TRANSITION, REPEAL AND SAVINGS 116 Transition 117 Repeal and savings

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