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VAT - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Demand of interest and penalty - Assessee paid excess Input Tax ...

VAT and Sales Tax

July 31, 2015

Demand of interest and penalty - Assessee paid excess Input Tax Credit - assessee is liable to pay interest only on the dues rising on assessment after adjusting the admissible Input Tax Credit towards its output tax liability - HC

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