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VAT - Highlights / Catch Notes

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Scope of the term 'Total Turnover' - Entitlement for deduction ...

Case Laws     VAT and Sales Tax

March 16, 2020

Scope of the term 'Total Turnover' - Entitlement for deduction of exempted turnover of the food and drinks which is served in the Club - A substantive provision of the Act unless specifically made retrospective by the Legislature cannot, by a deeming fiction, be construed to be a retrospective provision. - HC

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