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VAT - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Input tax credit - The circular insofar as it interprets section ...


High Court Rules Circular on Section 76(6)(c) Input Tax Credit Incorrect, Affects VAT and Sales Tax Claims.

June 26, 2014

Case Laws     VAT and Sales Tax     HC

Input tax credit - The circular insofar as it interprets section 76(6)(c) to the effect that benefit would only be given to those purchasing dealers who have actually paid the tax to the seller, is patently erroneous - HC

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