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VAT - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Nature of currency counting machine - exemption from entry tax - ...


Revisional Authority Cannot Overturn Decision on Entry Tax Exemption for Currency Counting Machines with Dual Interpretations.

January 2, 2015

Case Laws     VAT and Sales Tax     HC

Nature of currency counting machine - exemption from entry tax - If two views are possible and if the appellate authority or the assessing authority has adopted a particular view, it is not open to the Revisional Authority to substitute his reasoning and interfere with the orders - HC

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