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    <title>2015 (11) TMI 46 - TRIPURA HIGH COURT</title>
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    <description>The court dismissed the petitions, holding that the petitioners are liable to pay VAT on the value of the set-top boxes as reflected in their books of accounts. The court found no merit in the arguments of the petitioners and vacated the stay orders granted earlier. The judgment emphasizes the separability of the sale and service elements in composite contracts and upholds the State&#039;s authority to levy VAT on the sale part of the transaction.</description>
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    <pubDate>Thu, 19 Feb 2015 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=267237</link>
      <description>The court dismissed the petitions, holding that the petitioners are liable to pay VAT on the value of the set-top boxes as reflected in their books of accounts. The court found no merit in the arguments of the petitioners and vacated the stay orders granted earlier. The judgment emphasizes the separability of the sale and service elements in composite contracts and upholds the State&#039;s authority to levy VAT on the sale part of the transaction.</description>
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      <law>VAT and Sales Tax</law>
      <pubDate>Thu, 19 Feb 2015 00:00:00 +0530</pubDate>
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