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VAT - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Levy of sales tax - valuation - Sale taking place or not - ...


Sales Tax Levied on Free Goods Transfer to Joint Venture Partner; Only Excise Duty Component Taxable.

March 30, 2019

Case Laws     VAT and Sales Tax     HC

Levy of sales tax - valuation - Sale taking place or not - transfer of goods to sister concern free of cost (Joint Venture partner) - assessee will be liable to pay sales tax on the amount collected towards the central excise duty component only.

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