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VAT - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Penultimate sale - export - The burden is entirely on the ...


Assessee Must Prove Direct Link Between Penultimate Sale and Export for VAT and Sales Tax Compliance.

August 10, 2016

Case Laws     VAT and Sales Tax     HC

Penultimate sale - export - The burden is entirely on the assessee to establish the link in transactions relating to sale or purchase of goods and the export; that the penultimate sale is inextricably connected with the export of goods by the exporter to the foreign buyer. - HC

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