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VAT - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Input tax credit - Merely because in the process of ...

Case Laws     VAT and Sales Tax

August 3, 2016

Input tax credit - Merely because in the process of manufacturing sawn timber or logs, a small quantity of waste incidentally is created by way of byproduct which is sold as firewood, would not mean that the raw material purchased was not used fully for manufacture of the specified product. - HC

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