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VAT - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

It would prima facie appear that the goods stored by the ...


Goods Sold in Bonded Warehouse Before Importation Completion Exempt from VAT, Court Rules.

September 15, 2016

Case Laws     VAT and Sales Tax     HC

It would prima facie appear that the goods stored by the petitioner in the bonded warehouse being sold before the import is completed, there would be no liability to pay value added tax on such transaction. - HC

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