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VAT - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Refund of the excess tax paid - reduction of rate of tax with ...


Court Denies Taxpayer Refund for Excess Tax Paid Before Retrospective Tax Rate Reduction to 4.

March 25, 2014

Case Laws     VAT and Sales Tax     SC

Refund of the excess tax paid - reduction of rate of tax with retrospective effect - By amendment, though the rate of tax was reduced to 4%, the assessee cannot take advantage of the same and gain undue monetary advantage not due to him - SC

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