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VAT - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Classification of transaction - sale or Lease Transaction - ...


Inter-State Sale Confirmed for Tripartite Agreement on Empty Gas Cylinders, Not Classified as Lease.

April 16, 2015

Case Laws     VAT and Sales Tax     HC

Classification of transaction - sale or Lease Transaction - tripartite agreement - aforesaid transaction is sale of Empty Gas Cylinders (EGC) is inter State Sale transaction and not at all in the nature of inter-State Lease Transaction. - HC

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