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VAT - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Reduced rate of VAT on Liquor - Applying the principle of ...


Court Applies Promissory Estoppel to Set 15% VAT on Liquor from April 1, 2014.

August 4, 2015

Case Laws     VAT and Sales Tax     HC

Reduced rate of VAT on Liquor - Applying the principle of promissory estoppel and doctrine of reasonable expectation, the harmonious interpretation of both the Government Orders, would be that reduced rate of 15% would be applicable w.e.f. 01.04.2014 - HC

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