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VAT - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

Valuation - sale price of the soft drinks - Merely because the ...


Soft Drink Valuation for Tax Purposes: Bottle Costs Excluded from Sale Price Despite Packaging Constraints.

April 6, 2013

Case Laws     VAT and Sales Tax     HC

Valuation - sale price of the soft drinks - Merely because the soft drinks and bottles cannot be separated till they reach the end-customer, in the absence of sale of the bottle, it cannot be said that there is no transfer of the right to use the bottle - cost of bottles not to be included - HC

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