(a) is held on the date of commencement of this Act;
(b) is in Arunachal Pradesh on the date of commencement of this Act; and
(c) was purchased by the dealer after 1 April 2004; in such form as may be prescribed.
(a) the dealer has furnished the statement referred to in sub-section (1);
(b) the opening stock has suffered tax under the Arunachal Pradesh Sales Tax Act 1999 at the point specified by the Government under section 5 of the said Act; and
(c) if the opening stock had been purchased by the dealer after the commencement of this Act from another registered dealer, the dealer would have been entitled to a tax credit under section 9(1), the amount of tax suffered under the Arunachal Pradesh Sales Tax Act 1999 on such opening stock, determined in such manner and subject to such conditions and restrictions and up to the extent as may be prescribed, shall be credited to the registered dealer as if a tax credit under section 9;
(a) for finished goods or capital goods;
(b) for any goods that were taxable at last point under the Arunachal Pradesh Sales Tax Act 1999 held at the time of commencement of this Act;
(c) in a statement furnished more than 4 months after the commencement of this Act; or
(d) for opening stock which is held outside Arunachal Pradesh.
(a) a person was registered as a dealer under the Arunachal Pradesh Sales Tax Act, 1999 (Act 5 of 1999); |
(b) the person is not registered as a dealer under this Act pursuant to section 25, and the person has not applied to be registered as a dealer within one month of the date of commencement of this Act; and
(c) on the date of commencement of this Act, the dealer held opening stock or finished goods which had not suffered tax under the Arunachal Pradesh Sales Tax Act 1999; and the person shall be liable to pay tax under this Act at the rates specified in section 4 on the fair market value of the opening stock held on the date of commencement of this Act.
Section 15 • Arunachal Pradesh Goods Tax Act, 2005
15. Treatment of stock brought forward during transition.
arunachal-pradesh-goods-tax-act-2005-sec-15.json
•
Section 15
{
"act_title": "Arunachal Pradesh Goods Tax Act, 2005",
"act_slug": "arunachal-pradesh-goods-tax-act-2005",
"section_label": "Section",
"section": {
"number": "15",
"title": "15. Treatment of stock brought forward during transition.",
"chapter": null,
"content": "(a) is held on the date of commencement of this Act;\n(b) is in Arunachal Pradesh on the date of commencement of this Act; and\n(c) was purchased by the dealer after 1 April 2004; in such form as may be prescribed.\n(a) the dealer has furnished the statement referred to in sub-section (1);\n(b) the opening stock has suffered tax under the Arunachal Pradesh Sales Tax Act 1999 at the point specified by the Government under section 5 of the said Act; and\n(c) if the opening stock had been purchased by the dealer after the commencement of this Act from another registered dealer, the dealer would have been entitled to a tax credit under section 9(1), the amount of tax suffered under the Arunachal Pradesh Sales Tax Act 1999 on such opening stock, determined in such manner and subject to such conditions and restrictions and up to the extent as may be prescribed, shall be credited to the registered dealer as if a tax credit under section 9;\n(a) for finished goods or capital goods;\n(b) for any goods that were taxable at last point under the Arunachal Pradesh Sales Tax Act 1999 held at the time of commencement of this Act;\n(c) in a statement furnished more than 4 months after the commencement of this Act; or\n(d) for opening stock which is held outside Arunachal Pradesh.\n(a) a person was registered as a dealer under the Arunachal Pradesh Sales Tax Act, 1999 (Act 5 of 1999); |\n(b) the person is not registered as a dealer under this Act pursuant to section 25, and the person has not applied to be registered as a dealer within one month of the date of commencement of this Act; and\n(c) on the date of commencement of this Act, the dealer held opening stock or finished goods which had not suffered tax under the Arunachal Pradesh Sales Tax Act 1999; and the person shall be liable to pay tax under this Act at the rates specified in section 4 on the fair market value of the opening stock held on the date of commencement of this Act.",
"footnote": "",
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