VAT Expenses on Deemed Import eligible to be set off against VAT Output: ITAT [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) held that the Value Added Tax (VAT) expenses on deemed import eligible to be set off against the VAT output. The assessee, Starline Organics Pvt. Ltd. in the present case is a private limited company and engaged in the business of trading of Unrefined Sulphur. The […]
http://dlvr.it/SGFrzl

Comments