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VAT - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Validity of circular directing to reverse the credit to the ...


Circular on Waste Credit Reversal Challenged; Clarified as Non-Statutory Guideline, Quashing Deemed Unnecessary.

April 28, 2015

Case Laws     VAT and Sales Tax     HC

Validity of circular directing to reverse the credit to the extent of waste - Question of quashing the impugned circular is unnecessary in the light of the stand taken by the respondents that the impugned circular is not statutory and at best could serve as guideline - HC

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