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VAT - Highlights / Catch Notes

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Valuation - inclusion of the turnover of liquor sold in the ...

VAT and Sales Tax

December 8, 2022

Valuation - inclusion of the turnover of liquor sold in the petitioner's hotel while computing taxable turnover - the petitioner is not required to include the turnover relating to the sale of alcoholic liquor sold in its restaurant into the turnover of foods and drinks as sale of alcoholic liquor are separately liable to tax - HC

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