The Delhi VAT Tribunal ruled that no penalty can be imposed for mismatch of 2A & 2B if the purchasing dealer is Bonafide. The appellant, M/s Honeywell Automation India Ltd. has assailed the order of

The Barcadi has invited applications for the post of Senior Executive Operations Finance. Senior Executive Operations Finance will manage plant accounting, cost analysis, ensure controls & compliance, logistics and procurement. Internally your key relationships will

Saudi Arabia is all set to implement Value Added Tax (VAT) from 1st January 2018 onwards. Reportedly, the Government of Saudi Arabia has planned to introduce a uniform VAT rate of 5 percent on all

With respect to the decision from Supreme Administrative Court, Greece ’s Independent Authority of Public Revenue (IAPR) published the rulings related to VAT incurred on capital goods that are not used within five years of

Turkey has temporarily reduced Value Added Tax (VAT) rates at numerous sectors through a presidential decree on its official gazette, on 31st July 2020. Turkey has taken this reduction measures in light of the continuing

The Karnataka High Court ruled that the Penalty under Value Added Tax Act can not be imposed in every case merely because it is lawful to do so. The petitioner, M/s Mangalore Refinery and Petrochemicals

The High Court of Bombay in The Additional Commissioner of Sales Tax vs. Ankita Implex, held that the reviewing authority will not acquire proper jurisdiction if there is no valid service of notice. The assessee

While disposing a petition filed by Taxation Bar Association on Tax refund issue, the Delhi High Court has directed Commissioner of VAT, New Delhi to to look into the issue and take the necessary steps

In a recent ruling, the Allahabad High Court observed that the UP VAT authorities has jurisdiction to assess Dominos Pizza Overseas Franchising in respect of Royalty received. While dismissing the writ petition filed by the

The Department of Trade and Taxes, Delhi directed all the dealers who were registered under the Delhi VAT ( Value Added Tax) to submit details of closing stock as held by them on 31st Mar

The Orissa High Court (HC) while quashing the VAT assessment held that the suppression of purchases and Sales cannot be based on ‘Eye Estimation’ of Stock. Subham Marbles, the petitioner questioned whether the Odisha Sales

Under the proposed UAE VAT era, to be rollout from 1st January 2018, five per cent tax will be imposed on the entire piece jewellery. This would create an additional payout of DH7-DH8 per gram

The Federation of Chandigarh Region Automobile Dealers has challenged the decision of the UT excise and taxation department directing to pay Value Added Tax (VAT) on the amount of discount offered to customers. While receiving

A recent Notification issued by the West Bengal tax Department has said that Audit Report on Form 88 under the West Bengal Value Added Tax Act, 2003 can be filed until 31st January 2018. As

The Punjab Chief Minister Charanjit Singh Chinni on Wednesday announced to scrap 40,000 pending cases of value-added tax (VAT), out of the total 48,000 cases related to the financial years 2014-15, 2015-16 and 2016-17, against