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VAT - Highlights / Catch Notes

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Supplier company (IOCL) seeking security depositing against ...

Case Laws     VAT and Sales Tax

September 24, 2022

Supplier company (IOCL) seeking security depositing against interstate sale - C-Forms - differential sales tax - There is no doubt that a dealer can be called upon to furnish a Bank Guarantee in any exigency as contemplated by the Corporation, and the dealers would have no choice but to comply - the mandamus as sought for by the petitioners is not liable to be granted and the prayer is rejected. - HC

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