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Excise Duty Exclusion in VAT Turnover Valuation: Court Rules in Favor of Assessee Not Collecting Duty from Customers.

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....Valuation - turnover for the purpose of VAT - Inclusion of excise duty in invoice amount - Assessee not collected excise amount from customers - no addition - HC....

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Excise Duty Exclusion in VAT Turnover Valuation: Court Rules in Favor of Assessee Not Collecting Duty from Customers.