https://www.taxtmi.com/forum/issue?id=1779 Section 8B levies an additional tax on the taxable turnover of any person other than a registered person, calculated as a percentage of the tax payable; first the VAT due is determined by applying the scheduled rate to sales and then the additional tax is imposed on that VAT. The analysis concludes the provision principally affects casual traders who are taxable but unregistered and who cannot issue VAT invoices, though it may also apply to persons who should have been registered but operate without registration. en-us Tue, 16 Feb 2010 22:35:07 +0530 Thu, 23 Jan 2025 15:58:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1779 Section 8B levies an additional tax on the taxable turnover of any person other than a registered person, calculated as a percentage of the tax payable; first the VAT due is determined by applying the scheduled rate to sales and then the additional tax is imposed on that VAT. The analysis concludes the provision principally affects casual traders who are taxable but unregistered and who cannot issue VAT invoices, though it may also apply to persons who should have been registered but operate without registration. Discussion-Forum VAT / Sales Tax Tue, 16 Feb 2010 22:35:07 +0530 https://www.taxtmi.com/forum/issue?id=1779