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VAT - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Where an assessee, whether a public sector undertaking or ...

VAT and Sales Tax

April 17, 2015

Where an assessee, whether a public sector undertaking or otherwise, defaults in payment of tax without a bona fide explanation or there is no dispute pending as to the levy of tax, a necessary consequence of such default shall in levy of interest under Section 25(5) of the Act - HC

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