TMI BlogSo long as, the 'floor rate' fixed under Section 47(16A) of the KVAT Act remains in force, the revenue...So long as, the 'floor rate' fixed under Section 47(16A) of the KVAT Act remains in force, the revenue cannot be directed to issue transit pass indicating the invoice value as sought for by the petitioner. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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