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VAT - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Repayment schedule of deferred tax scheme after conversion of ...

Case Laws     VAT and Sales Tax

February 15, 2016

Repayment schedule of deferred tax scheme after conversion of sales tax scheme to value added tax (VAT) scheme -The repayment schedule is 5 years from the expiry of eligibility period of deferment. The period of 5 years has to be so arranged that it does not go beyond 13 years from the date of deferment. - SC

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