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VAT - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Demand of interest and penalty - bonafide belief - Nature of ...


Appellant Not Liable for Additional Penalty and Interest on Works Contract; Tax Already Paid at 12% Rate.

August 26, 2016

Case Laws     VAT and Sales Tax     HC

Demand of interest and penalty - bonafide belief - Nature of works contract civil contract or construction contract - appellant paid the tax on the basis of 12% later on - The authorities below have committed an error of law and when the tax imposed has already been paid by the appellant, the penalty and interest is therefore not required to be liable to be paid by the appellant. - HC

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