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VAT - Highlights / Catch Notes

Home Highlights April 2012 Year 2012 This

Benefit of deferment of tax - When soft drink manufactures are ...


Court Supports State's Retroactive Inclusion of Liquor Manufacturers in Tax Deferment Negative List, Aligns with Soft Drinks.

April 25, 2012

Case Laws     VAT and Sales Tax     HC

Benefit of deferment of tax - When soft drink manufactures are put in the negative list, it would indeed be surprising not to have liquor in the negative list, no fault can be found with the notification issued by the State including liquor in the negative list with retrospective effect - HC

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