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VAT - Highlights / Catch Notes

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Refund of tax paid on excess amount - price variation clause - ...

VAT and Sales Tax

February 26, 2018

Refund of tax paid on excess amount - price variation clause - since the price of the cylinder has been reduced, the assessee cannot charge more than the price fixed, is bound to refund the excess amount collected and is therefore legally entitled to get refund of the tax paid on the excess amount - SC

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