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VAT - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Levy of tax on purchase value - TNVAT - Sales had been done by ...

VAT and Sales Tax

June 8, 2015

Levy of tax on purchase value - TNVAT - Sales had been done by the petitioner to the tune of ₹ 47,05,257/-. In view of Section 3(4)(a)(ii) extracted supra, the respondent has no jurisdiction to assess the tax based on the purchase value - HC

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