TRIPURA VALUE ADDED TAX ORDINANCE,
2005
INDEX
1. Short title, extent and
commencement
6. Levy of tax on containers
and packing material
11. Input tax
credit exceeding tax liability
12. Adjustment
of input tax credit
15. Composition
of tax by certain registered dealers
16. Powers of
Government to amend Schedule
17. Credit
notes and Debit notes
19. Compulsory
registration of dealers
20. Security to
be furnished in certain cases
21. Imposition
of penalty for failure to get registered
22. Registration
of Transporter
23. Quoting of
Registration Certificate Number etc.
24. Periodical
returns and payment of tax
26. Rounding
off of the amount of tax, interest or penalty
32. Assessment
of dealer who fails to get himself registered
33. No
assessment after five years
34. Turnover
escaping assessment
35. Exclusion
of time period for assessment
36. Power of
reassessment in certain cases
PAYMENT AND
RECOVERY OF TAX, PENALTY, INTEREST AND OTHER DUES
37. Payment and
recovery of tax, penalty and interest
39. Collection
of tax only by registered dealers
40. Collection
of excess tax and forfeiture of such excess tax
42. Tax to be
first charge on property
46. Power to
withhold refund in certain cases
47. Exemption
of certain sales and purchases
48. Maintenance
of accounts and records etc.
49. Accounts to
be maintained by carriers
52. Requirement
to provide information
54. Dealer to
declare the name of his business manager
55. Liability
to pay tax in case of death
56. Certain
agents liable to tax for sales on behalf of principal
INSPECTION OF
ACCOUNTS, DOCUMENTS AND SEARCH OF PREMISES
59. Production
and inspection of accounts and documents and search of premises 2,
62, Power to
collect statistics
63. Disclosure
of information by a public servant
67. Establishment
o check posts for inspection of goods in transport
73. Hearing of
Revision and Review by the High Court
74. Power to
rectify error apparent on the record
77. Penalty
payable by the transporter
81. Appearance
before any authority in proceedings
82. Power to
take evidence or oath etc.
83. Declaration
of stock of goods held on the appointed day
84. Bar of
suits in Civil Courts and indemnity
86. Power to
remove difficulties
TRANSITION, REPEAL AND SAVINGS
SCHEDULE I‑ LIST OF INTERNATIONAL PUBLIC ORGANISATIONS
SCHEDULE II (A)‑ LIST
OF GOODS TAXABLE AT THE RATE OF 4%
SCHEDULE II (B)‑ LIST
OF GOODS TAXABLE @ 12.5%
SCHEDULE II (C)‑ LIST
OF GOODS TAXABLE @ 1 %
SCHEDULE IV‑ NEGATIVE LIST OF ITEMS OF CAPITAL GOODS FOR INPUT TAX CREDIT
SCHEDULE V‑ TAX INVOICES, CREDIT NOTES AND DEBIT NOTES
SCHEDULE VI‑ LIST OF INDUSTRIAL INPUTS
SCHEDULE VII‑ LIST OF I.T. PRODUCTS