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VAT - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Re-opening of concluded Assessment - assessments having been ...


Revenue's attempt to increase tax rate from 10% to 16% after Special Tribunal order deemed unjustified.

January 13, 2020

Case Laws     VAT and Sales Tax     HC

Re-opening of concluded Assessment - assessments having been completed pursuant to order passed by Special Tribunal and tax at rate of 10% was also collected, Revenue was not justified in demanding tax at 16% by seeking to reopen concluded assessments by issuing clarification.

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