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VAT - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Disallowance of the deduction of sub-contractor's turnover - ...


Court Upholds Legislative Authority on Sub-Contractor Turnover Deductions under DVAT Act; No Double Taxation Concerns Found.

July 26, 2012

Case Laws     VAT and Sales Tax     HC

Disallowance of the deduction of sub-contractor's turnover - Once it is concluded that there is no basis for apprehension that mechanism provided under the DVAT Act and Rules can lead to double taxation it is advisable to agree with the contention of the learned ASG that the manner in which deduction and exemptions are to be granted is the legislative prerogative - HC

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