Compounded rate of tax - producing granite metals with the aid ...
Court Rules KVAT Compounded Tax for Primary Crusher at 50% of Total Tax on Three Secondary Crushers.
April 3, 2015
Case Laws VAT and Sales Tax HC
Compounded rate of tax - producing granite metals with the aid of mechanized crushing machines - KVAT - the compounded tax for the primary crusher has necessarily to be at 50% of the aggregate of the tax payable on the three secondary crushers that are employed by the petitioner - HC
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