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VAT - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Grant of stay - Having regard to the Advance Rulings issued by ...


Court Stays Tax Demand; Deems 14.5% VAT on Photo Album Sales Arbitrary u/s 67 Advance Rulings.

April 14, 2020

Case Laws     VAT and Sales Tax     HC

Grant of stay - Having regard to the Advance Rulings issued by the competent authority under Section 67 of the said Act, and since based on the Advance Rulings of the respondents, petitioner did not to collect tax at 5% on the photo albums being sold by petitioner from 2005-06 onwards, the action of the 1st respondent in compelling the petitioner to pay 50% of the disputed tax and now proposing at 14.5% VAT on the sales appears to be arbitrary and illegal - HC

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