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VAT - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Denial of exemption claim - sales tax exemption - ...


Supreme Court Denies Sales Tax Exemption for Failing to Maintain Production Levels; Clubbing Turnover Not Allowed.

July 10, 2015

Case Laws     VAT and Sales Tax     SC

Denial of exemption claim - sales tax exemption - non-maintenance of average production after the expiry of the benefit period inasmuch as it had drastically come down to ₹ 9.06 crores from 17.52 crores. - clubbing of turnover of other unit is not permissible - SC

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