TMI BlogLevy of sales tax / VAT on sale of REP licenses - .Whether the Hon'ble Tribunal is correct in holding...Levy of sales tax / VAT on sale of REP licenses - .Whether the Hon'ble Tribunal is correct in holding that the income received by way of premium on sale of REP licences alone is taxable as 'turnover' as against the aggregate amount for which the said goods were sold - Held yes - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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