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VAT - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Once it has been consistently held that residue or waste of ...


Sale of Sugarcane Residue, Bagasse, Deemed Tax-Free; Not Recognized as Distinct Product or Goods.

September 12, 2016

Case Laws     VAT and Sales Tax     HC

Once it has been consistently held that residue or waste of something like sugarcane does not amount to manufacturing a distinct product or goods known to the commercial world, then, no question of taxability arises – no ambiguity regarding the taxability of bagasse – sale of bagasse is a tax free sale - HC

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