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VAT - Highlights / Catch Notes

Home Highlights April 2012 Year 2012 This

Benefit of the sales tax deferral scheme - it is not the case of ...

Case Laws     VAT and Sales Tax

April 9, 2012

Benefit of the sales tax deferral scheme - it is not the case of the Revenue that circular dated May 1, 2000 is in conflict with either any statutory provision or the deferral schemes announced under the aforementioned Government orders. We, therefore, hold that the said circular is binding in law on the adjudicating authority under the TNGST Act. - SC

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