Patna HC reaffirms VAT Penalty on Ceat Limited. Read on to Know Why.
In a major setback to Ceat Limited, the Patna High Court has confirmed a penalty imposed under Bihar Value Added Tax Act for clerical mistake in invoice resulting in failure to prove genuineness of transport. The petitioner, Ceat Limited is engaged in the manufacture and sale of tyres, tubes and flaps and is concerned with…
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