https://www.taxtmi.com/caselaws?id=162471 The court dismissed the appeal, ruling that Value Added Tax (VAT) is payable on the entire purchase price of goods. The court held that VAT should apply to the full amount as the supply of goods was completed after the parties were no longer in the same VAT group. The court emphasized that section 29(1) of the Value Added Tax Act simplifies tax collection and does not provide exemptions. The Ramsay principle was deemed unnecessary in this case, as statutory provisions adequately addressed the issue. en-us Thu, 18 Jun 1998 00:00:00 +0530 Thu, 27 Feb 2014 15:15:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162471 The court dismissed the appeal, ruling that Value Added Tax (VAT) is payable on the entire purchase price of goods. The court held that VAT should apply to the full amount as the supply of goods was completed after the parties were no longer in the same VAT group. The court emphasized that section 29(1) of the Value Added Tax Act simplifies tax collection and does not provide exemptions. The Ramsay principle was deemed unnecessary in this case, as statutory provisions adequately addressed the issue. Case-Laws VAT and Sales Tax Thu, 18 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162471