VAT Demand on Commission Receipts at 14.5% Challenged; Case Remanded for Review Under TNVAT Regulations.

Demand of VAT @14.5% on commission receipt treating the same as sale proceeds - receipt of commission against the indenting agency business is shown under the head 'other income' reported in Form WW for 2013-14 - TNVAT - matter remanded back - HC .....

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