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VAT - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Valuation - Cardamom - UPVAT - market rate relied upon for the ...


Cardamom Valuation Discrepancy: UPVAT Case Highlights Use of Incorrect Market Rate for Assessing Undervaluation.

August 2, 2017

Case Laws     VAT and Sales Tax     HC

Valuation - Cardamom - UPVAT - market rate relied upon for the purposes of undervaluation is not the market rate shown to exist in the market area, where the transaction itself has taken place. - HC

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