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VAT - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Determination of selling price - pricing system of LPG and ...


Legal Error in LPG and Kerosene Pricing: Deductions Disallowed for Credit Notes to Oil Marketing Companies.

June 30, 2014

Case Laws     VAT and Sales Tax     HC

Determination of selling price - pricing system of LPG and kerosene assigned to Petroleum Planning and Analysis Cell (PPAC) - The authority committed an error of law in disallowing the deductions from total turnover on the basis of credit notes issued to Oil Marketing Companies - HC

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