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VAT - Highlights / Catch Notes

Home Highlights March 2012 Year 2012 This

Sales Tax / VAT - allowability of discount provided vide credit ...

VAT and Sales Tax

March 5, 2012

Sales Tax / VAT - allowability of discount provided vide credit notes under rule 9(a) – discount given by means of credit notes issued subsequent to the sale is as much a trade discount admissible to deduction in determining the turnover of a dealer. - SC

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