Levy of tax on purchase value - TNVAT - Sales had been done by ...
Court Rules Respondent Lacks Jurisdiction to Assess Tax on Purchase Value Under TNVAT Section 3(4)(a)(ii.
June 8, 2015
Case Laws VAT and Sales Tax HC
Levy of tax on purchase value - TNVAT - Sales had been done by the petitioner to the tune of ₹ 47,05,257/-. In view of Section 3(4)(a)(ii) extracted supra, the respondent has no jurisdiction to assess the tax based on the purchase value - HC
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