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VAT - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Revised return - additional tax liability - if the credit or ...

VAT and Sales Tax

May 20, 2016

Revised return - additional tax liability - if the credit or adjustment is to be given to the amount of tax already paid, there is no reason why the credit of input tax should not be adjusted against the tax liability and thereafter to arrive at the additional tax liability - HC

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