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Home Highlights December 2016 Year 2016 This

Inter unit transfer of cotton and cotton yarn - two units of the ...


Inter-unit Cotton Transfers Between Company Units with Separate Registrations Aren't Sales, No Tax Liability Incurred.

December 8, 2016

Case Laws     VAT and Sales Tax     HC

Inter unit transfer of cotton and cotton yarn - two units of the same company having separate registration - cannot be treated as sale transaction - no tax liability - HC

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