Kerala VAT Compounding: Entire Previous Year Turnover Must Be Considered for Compounded Tax; No Splitting Allowed.

Kerala VAT Compounding: Entire Previous Year Turnover Must Be Considered for Compounded Tax; No Splitting Allowed. https://www.taxtmi.com/highlights?id=21679 Scheme of compounding - KVAT - there cannot be any splitting up or proportionate reduction of the annual turn over of the previous year to determine the compounded tax that could be paid in terms of that provision. - HC en-us Fri, 06 Feb 2015 14:34:02 +0530 Fri, 06 Feb 2015 14:34:02 +0530 TaxTMI RSS Generator Kerala VAT Compounding: Entire Previous Year Turnover Must Be Considered for Compounded Tax; No Splitting Allowed. https://www.taxtmi.com/highlights?id=21679 Scheme of compounding - KVAT - there cannot be any splitting up or proportionate reduction of the annual turn over of the previous year to determine the compounded tax that could be paid in terms of that provision. - HC Highlights VAT and Sales Tax Fri, 06 Feb 2015 14:34:02 +0530 https://www.taxtmi.com/highlights?id=21679