Interpretation of statute - When the Entry in question ...

VAT Law Clarifies: "Hank Yarn" Exemption Applies Broadly, Not Limited by Material Type or User Industry.

February 25, 2022

Case Laws VAT and Sales Tax SC

Interpretation of statute - When the Entry in question specifically provides for exemption to the goods described as “Hank Yarn” without any ambiguity or qualification, its import cannot be restricted by describing it as being available only for the hank form of one raw material like cotton nor could it be restricted with reference to its user industry. - SC

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Interpretation of statute - When the Entry in question ...

VAT Law Clarifies: "Hank Yarn" Exemption Applies Broadly, Not Limited by Material Type or User Industry.

February 25, 2022

Case Laws VAT and Sales Tax SC

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