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VAT - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Attempt to evasion of tax -Since it is found that the buyer has ...

VAT and Sales Tax

July 8, 2014

Attempt to evasion of tax -Since it is found that the buyer has become the owner of the goods, penalty can be imposed on him only if it is proved that he had colluded with the seller in his attempt to evade payment of tax - HC

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