Vat Actupdated - RS Goyal & Associates

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(2) The sale price of goods which are in the nature of tax paid goods in the hands of
such dealer;
(3) The amount collected by way of tax under Section 9 or
the amount arrived at by applying the following formula :
rate of tax X aggregate of sale prices
100 + rate of tax
Provided that no deductions on the basis of the above formula shall be
made if the amount by way of tax collected by a registered dealer, in accordance with the
provisions of this Act, has been otherwise deducted from the aggregate of sale prices.
Explanation – Where the turnover of a dealer is taxable at different rates, the aforesaid
formula shall be applied separately in respect of such part of the turnover liable to a different
rate of tax under section 9 ; 2
(y) 2 “Tax paid goods” in relation to goods specified in part III of schedule II on which tax is
payable under section 9 means any such goods which have been purchased by a dealer
from a registered dealer inside the State of Madhya Pradesh within the meaning of section 4
of the central Sales Tax Act, 1956 (No. 74 of 1956). 2 (upto 31-07-2009)
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(y) “Tax paid goods” in relation to goods specified in Part III of Schedule II and the
goods notified under section 9-A, on which tax is payable under section 9, means
any such goods which have been purchased by a dealer from a registered dealer
inside the State of Madhya Pradesh within the meaning of section 4 of the Central
Sales Tax Act, 1956 (No. 74 of 1956). 20 (from 01-08-2009)
(z) ‘Turnover’ in relation to any period means the aggregate of the amount of sale prices
received and receivable by a dealer in respect of any sale or supply or distribution of goods
made during that period, whether or not the whole or any portion of such turnover is liable to
tax but after deducting the amount, if any, refunded by the dealer to a purchaser, in respect
of any goods purchased and returned by the purchaser within six months from the date of
such sale:
Provided that -
(i) in the case of sale by bonafide agriculturist as defined in clause (e) of subsection
(1) of Section 2 of the Madhya Pradesh Land Revenue Code, 1959
(No.20 of 1959), of ghee produced by himself; or
(ii) in case of sale by a person of agricultural or horticultural produce grown by
himself or grown on any land in which he has an interest whether as owner,
usufructuary mortgagee, tenant or otherwise, when such produce is sold in the
form in which it was produced, without being subjected to any physical, chemical
or other process for being made fit for consumption save mere dehusking,
cleaning, grading or sorting, the amount of consideration relating to such sales,
shall be excluded from his turnover;
(a-1) " VAT" (Value Added Tax) means tax on sale or purchase of goods payable under
this Act.
(b-1) ‘Year’ means the twelve months ending on the 31st day of March.
CHAPTER - II Taxing Authorities
3 : Taxing Authorities and other Officers
(1) There may be appointed a person to be the Commissioner of Commercial Tax and
the following category of officers to assist him, namely :
20 (a) Director of Commercial Tax