SIKKIM VALUE ADDED SALES TAX ACT,2003

 

INDEX

 

PRELIMINARY

1.         Short title, extent and commencement

2.         Definitions       

 

TAXING AND APPELLATE AUTHORITIES

 

3.         Commissioner and other authorities and delegation of power by commissioner

4.         Appellate Authority

5.         Delegation of Commissioner’s powers and functions

6.         Tax Authorities and Appellate Authority to be public servants

7.         Indemnity.       

 

INCIDENCE OF LEVY OF TAX AND RATE OF TAX

 

8.         Incidence of tax on sale

9.         Levy of tax on sale

10.       Levy of tax on purchases

11.       Levy of tax on containers and packing material

12.       Rate of tax

13.       Tax‑free sale of goods

14.       Output tax

15.              Input tax

16.              Compounding of tax liability in certain cases

17.              Compounding of tax liability in case of Works Contract

18.              Tax payable

19.              Deduction of tax at source from the payment to dealer

20.              Information of awarding of Works Contract.

21.              Input tax credit

22.       Exports to be zero-rated

23.       Burden of proof

24.       Power of State Government to amend Schedules

25.       Credit and debit notes              

 

REGISTRATION OF DEALER AND DEMAND OF SECURITY ETC.

 

26.       Compulsory registration of dealers

27.       Voluntary registration of dealers

28.       Security to be furnished in certain cases

29.       Imposition of penalty for failure to get registered

 

           

ASSESSMENT OF TAX, IMPOSITION OF PENALTY, PAYMENT, COLLECTION AND RECOVERY OF TAX, INTEREST AND PENALTY AND REFUND OF TAX, INTEREST AND PENALTY

 

30.              Returns, payment of tax, interest and penalty- 

30A.    Deferment of payment of tax in respect of certain industrial units and payments of tax in installments by the dealers-

31.              Interest on non-payment or delayed payment of tax before assessment- 

32.              Interest on non-payment of assessed tax-

33.              Exemption from payment of interest-

34.              Interest payable by Commissioner-

35.              Rounding off of amount of tax, interest or penalty-

36.              Collection of tax only by dealers liable to pay tax-

37.              Scrutiny of returns-

38.              Assessment of tax payable by registered dealers           

39.              Self assessment of tax

40.              Assessment of tax payable by dealer other than registered dealers         

41.              Payment of assessed tax and penalty    

42.              Limitation for assessment

43.              Determination of interest

44.              Rectification of mistake in determination of interest        

45.              Recovery of tax, penalty, interest, appointment of Tax Recovery Officer, etc.    

46.              Tax Recovery Officer to whom certificates to be forwarded      

47.              Amendment of certificates for tax recovery       

48.              Validity of certificate for tax recovery   

49.              Transmission of certificates for tax recovery to Collector in certain cases           

50.              Special mode of recovery of tax, penalty and interest by Commissioner 

51.              Assessment without prejudice to prosecution for any offence    

52.              Assessment after partition of Hindu undivided family or dissolution of firm and tax payable by a deceased dealer           

53.              Refunds           

 

ACCOUNTS AND RECORDS 

 

54.              Maintenance of accounts and records etc.:-   

55.              Tax invoice:-   

56.              Electronic record:- 

57.              Requirement to provide information: -

58.              Audit of accounts:- 

59.              Dealer to declare the name of his business manager:- 

 

MAINTENANCE, PRODUCTION AND INSPECTION OF ACCOUNT; SEARCH AND SEIZURE OF ACCOUNTS; MEASURES TO REGULATE TRANSPORT OF GOODS; CHECK POST; SEIZURE OF GOODS; IMPOSITION OF PENALTY; DISPOSAL OF SEIZED GOODS, ETC.

 

60.       Maintenance of accounts by transporter, carrier or transporting agent

60A.    Enrolment of transporters, carriers or transporting agents

61.              Imposition of penalty for failure to issue cash memo or bill

62.              Production and inspection of accounts, registers and documents

63.              Seizure of dealer's accounts

64.              Entry and search of place of business or any other place

65.              Establishment of check posts for inspection of goods in transport

66.              Interception, detention and search of road vehicles and search of warehouse, etc.

67.              Stock of goods stored in undisclosed warehouse in contravention of section 65

68.              Seizure of goods

69.              Penalty for transporting goods into Sikkim in contravention of section 64

70.              Transporter liable to penalty for transport in contravention of the provisions of sub-section (4) of Section 68 

71.              Measures to prevent evasion of tax on sales

72.               Penalty for concealment of sales and furnishing incorrect particulars of sales and purchases

 

APPEAL, REVISION, REVIEW, POWER OF TAKING EVIDENCE

ON OATH AND REFERENCE

 

73.              Appeal against assessment

74.              Suo motu revision by the Commissioner

75.              Revision by Commissioner upon application

76.              Revision by Appellate Authority

77.              Review of order

78.              Power of taking evidence on oath

79.              Revision to High Court

80.              Revision or Review by High Court

 

OFFENCES AND PENALTIES

 

81.              Offences and penalties

82.              Special provision for liability to prosecution

83.              Compounding of offences

 

MISCELLANEOUS

 

84.              Cancellation of registration under specified circumstances

85.       Returns etc. to be confidential

86.       Power to call for information or statement from bank, post office, transporter etc.

87.       Statement to be furnished by dealer, transporter, owner or lessee of warehouse, etc.

88.       Information to be furnished by dealers regarding changes of business

89.       Additional information to be furnished by dealers

90        Information to be furnished by dealers in respect of transfer of goods otherwise than by way of sale

91        Transfer of business by registered dealer

92        Partial transfer of business by a registered dealer

93.       Cancellation of registration and transfer of business

94.       Bar to proceedings in Civil Court

95.       Manner of payment of tax, penalty, interest, etc.

96.       Power of State Government to prescribe rates of fees

97.       Power of State Government to make rules

98.       Saving in relation to sales outside Sikkim, inter‑State sales, and sales in course of import or export

99.       Transitional provision

100.     Repeals and Savings

101.     Power to remove difficulties