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    <title>KVAT Act Section 47(16A): Floor rate must stay effective; revenue not obliged to issue transit pass at invoice value.</title>
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    <description>So long as, the &#039;floor rate&#039; fixed under Section 47(16A) of the KVAT Act remains in force, the revenue cannot be directed to issue transit pass indicating the invoice value as sought for by the petitioner. - HC</description>
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      <description>So long as, the &#039;floor rate&#039; fixed under Section 47(16A) of the KVAT Act remains in force, the revenue cannot be directed to issue transit pass indicating the invoice value as sought for by the petitioner. - HC</description>
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