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VAT - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

Valuation - Levy of tax and penalty - Rule 8(2) of TNVAT Rules ...

VAT and Sales Tax

September 4, 2020

Valuation - Levy of tax and penalty - Rule 8(2) of TNVAT Rules 2006 - when the freight charges and pumping charges have been separately shown in the invoices without including the same in the cost of the goods, the tax cannot be levied on the same. - HC

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