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VAT - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Tax liability of interstate stock transfer - The goods has been ...


Interstate stock transfers for non-sale purposes are tax-exempt, ensuring no tax liability across project areas.

May 12, 2014

Case Laws     VAT and Sales Tax     HC

Tax liability of interstate stock transfer - The goods has been transported from one project area to another situated out side the State and the same is not for sale - Hence, the question of payment of tax does not arise - HC

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