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VAT - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

KVAT Act - Refund of the excess input tax paid - even though ...


High Court Rules Taxpayers Entitled to Refund of Excess Input Tax Under KVAT Act Despite Entry Tax Elements.

April 2, 2013

Case Laws     VAT and Sales Tax     HC

KVAT Act - Refund of the excess input tax paid - even though purchase value is calculated including the elements specified in Section 2(n) of the Entry Tax Act, the final figure represents the purchase value only. - HC

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