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VAT - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Determination of classification and rate of tax - Deciding the ...


Court Rules Against Incorrect Tax Rate Decision Due to Misapplied Manufacturer's Exemption for Non-Exempt Entities.

March 26, 2016

Case Laws     VAT and Sales Tax     HC

Determination of classification and rate of tax - Deciding the higher rate of tax at the instance of a new manufacturer, who is exempted from tax to make the Ruling applicable to those who are not exempted from tax was not a correct approach. - HC

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