<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>APVAT RULE POSITION</title>
    <link>https://www.taxtmi.com/forum/issue?id=108071</link>
    <description>Whether the Tax Collected at Source (TCS) should be computed on the pre-VAT invoice value or on the gross amount inclusive of APVAT is the operative issue. The trader collected TCS after charging APVAT while the sales tax department contends TCS must be collected prior to charging VAT, raising a compliance question on sequencing and basis for levying TCS relative to VAT.</description>
    <language>en-us</language>
    <pubDate>Sat, 28 Feb 2015 11:04:12 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:57:01 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=377271" rel="self" type="application/rss+xml"/>
    <item>
      <title>APVAT RULE POSITION</title>
      <link>https://www.taxtmi.com/forum/issue?id=108071</link>
      <description>Whether the Tax Collected at Source (TCS) should be computed on the pre-VAT invoice value or on the gross amount inclusive of APVAT is the operative issue. The trader collected TCS after charging APVAT while the sales tax department contends TCS must be collected prior to charging VAT, raising a compliance question on sequencing and basis for levying TCS relative to VAT.</description>
      <category>Discussion-Forum</category>
      <law>VAT / Sales Tax</law>
      <pubDate>Sat, 28 Feb 2015 11:04:12 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=108071</guid>
    </item>
  </channel>
</rss>