Levy of sales tax / VAT on sale of REP licenses - .Whether the ...
High Court Rules Only Premium from REP License Sales is Taxable as Turnover, Not Total Sale Value.
July 16, 2015
Case Laws VAT and Sales Tax HC
Levy of sales tax / VAT on sale of REP licenses - .Whether the Hon'ble Tribunal is correct in holding that the income received by way of premium on sale of REP licences alone is taxable as 'turnover' as against the aggregate amount for which the said goods were sold - Held yes - HC
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