SEZ unit - Wrong declaration of turnover - the petitioner was ...
Incorrect Turnover Declaration by SEZ Unit Raises Tax Implications Due to Inadequate Documentation on Stock Transfers.
January 17, 2024
Case Laws VAT and Sales Tax HC
SEZ unit - Wrong declaration of turnover - the petitioner was unable to prove intra-state/ inter-state stock transfer to its branch/depot, tax implication would be different under the respective enactments. For inter-state branch/depot transfer outside the State, where the petitioner was unable to produce documents, Section 6(A) 3 of the CST Act, 1956 would be applicable. - HC
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