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VAT - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Applicability of Compounding scheme to Transferee firm - Whether ...


High Court Rules Stock Transfer as Sale, Affecting Compounding Scheme for Transferee Firm.

May 3, 2014

Case Laws     VAT and Sales Tax     HC

Applicability of Compounding scheme to Transferee firm - Whether transfer of stock by assessee to M/s Rajvir Brick Field could have been treated to be a sale and excluded from compounding admitted by assessee as also the transferee firm - Decided against the assessee - HC

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