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VAT - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Rate of tax – Option of Compounding of Tax - Once such an option ...


Compounding Tax Option Applies to All Contracts Before and After Agreement Period for VAT and Sales Tax Coverage.

May 9, 2014

Case Laws     VAT and Sales Tax     HC

Rate of tax – Option of Compounding of Tax - Once such an option is exercised, all the contracts entered into either before giving the option or subsequent thereto, for the relevant period covered by the agreement are covered by the compounding scheme - HC

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