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VAT - Highlights / Catch Notes

Home Highlights May 2013 Year 2013 This

Rate of tax applied to Paraffin wax manufactured and sold by ...


Court Rules 4% Tax Rate for Paraffin Wax Under Entry No. 120 Prevails Over General 20% Rate in Entry No. 1(ix).

May 31, 2013

Case Laws     VAT and Sales Tax     HC

Rate of tax applied to Paraffin wax manufactured and sold by appellant - 4% or 20% - Entry No. 120 of 3rd Schedule is a specific Entry and Entry No. 1(ix) of 4th Schedule is a general Entry - prima facie rate of tax is 4% - HC

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