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VAT - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Allowability of refund/adjustment of CST with interest - the ...


High Court Affirms Assessee's Right to Refund or Adjust Mistakenly Paid Central Sales Tax on Branch Transfers.

March 28, 2016

Case Laws     VAT and Sales Tax     HC

Allowability of refund/adjustment of CST with interest - the assessee is clearly entitled either to the refund of the said tax paid by it under a mistake of law and fact, or at least, an adjustment of the said wrong deposit of tax @ 2% on the branch transfers - HC

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