https://www.taxtmi.com/caselaws?id=167820 Deduction of VAT at source from contract bills was treated as valid only when linked to the contractor's taxable turnover and actual tax liability. The statutory mechanism under the Tripura Value Added Tax Act, 2004 and the Rules could not authorise a flat-rate deduction de hors liability to tax, as collection cannot extend to amounts not liable to tax. Final assessment, interest, penalty and recovery were left to the assessing authorities, while the underlying taxability of the transportation transaction remained open for assessment proceedings. en-us Tue, 06 Mar 2012 00:00:00 +0530 Thu, 08 Jan 2015 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167820 Deduction of VAT at source from contract bills was treated as valid only when linked to the contractor's taxable turnover and actual tax liability. The statutory mechanism under the Tripura Value Added Tax Act, 2004 and the Rules could not authorise a flat-rate deduction de hors liability to tax, as collection cannot extend to amounts not liable to tax. Final assessment, interest, penalty and recovery were left to the assessing authorities, while the underlying taxability of the transportation transaction remained open for assessment proceedings. Case-Laws VAT and Sales Tax Tue, 06 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167820