https://www.taxtmi.com/highlights?id=24234 Levy of tax on ‘deemed sale price’ – DVAT - subject of tax not goods or goods sold, but transaction of “sale of goods” – Addition of Explanation 2 was to permit levy of VAT on sale price of transaction which is yet to take place and to that extent such levy cannot be sustained in law - HC en-us Fri, 14 Aug 2015 01:55:41 +0530 Fri, 14 Aug 2015 01:55:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24234 Levy of tax on ‘deemed sale price’ – DVAT - subject of tax not goods or goods sold, but transaction of “sale of goods” – Addition of Explanation 2 was to permit levy of VAT on sale price of transaction which is yet to take place and to that extent such levy cannot be sustained in law - HC Highlights VAT and Sales Tax Fri, 14 Aug 2015 01:55:41 +0530 https://www.taxtmi.com/highlights?id=24234