TaxTMI 
TaxTMI 
how to interpret the word "otherwise" in TNVAT.?
whether purchase from unregistered dealer attracts purchase tax ?
unregistered dealer
12 Oct 2015 
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Statutory construction of "otherwise" in VAT determines whether purchases from unregistered dealers attract purchase tax.
Interpretation of the word "otherwise" in TNVAT requires statutory construction from the relevant provision; the attendant practical question is whether purchases from an unregistered dealer attract purchase tax. The available reply seeks the specific section reference before construing the term and addressing the purchase-tax consequence. (AI Summary)
Interpretation of the word "otherwise" in TNVAT requires statutory construction from the relevant provision; the attendant practical question is whether purchases from an unregistered dealer attract purchase tax. The available reply seeks the specific section reference before construing the term and addressing the purchase-tax consequence. (AI Summary)