Physical Delivery of Goods Valid for Sales; Not Automatically Taxable Without Document Transfer Under VAT Act.

Physical Delivery of Goods Valid for Sales; Not Automatically Taxable Without Document Transfer Under VAT Act. https://www.taxtmi.com/highlights?id=2854 VAT / Sales tax - Transfer of document is one method and delivery may be physical also. Simply because the sales had not been effected by transfer of documents of title to the goods and the sales were effected by giving physical possession of the goods to the customers, it would not mean that the sales were taxable under the Act.... - SC en-us Wed, 08 Feb 2012 17:33:16 +0530 Wed, 08 Feb 2012 17:33:16 +0530 TaxTMI RSS Generator Physical Delivery of Goods Valid for Sales; Not Automatically Taxable Without Document Transfer Under VAT Act. https://www.taxtmi.com/highlights?id=2854 VAT / Sales tax - Transfer of document is one method and delivery may be physical also. Simply because the sales had not been effected by transfer of documents of title to the goods and the sales were effected by giving physical possession of the goods to the customers, it would not mean that the sales were taxable under the Act.... - SC Highlights VAT and Sales Tax Wed, 08 Feb 2012 17:33:16 +0530 https://www.taxtmi.com/highlights?id=2854