Court Rules VAT Inapplicable on Dyeing Chemicals if Transactions Aren't "Deemed Sales" Under VAT Law.

Court Rules VAT Inapplicable on Dyeing Chemicals if Transactions Aren't "Deemed Sales" Under VAT Law. https://www.taxtmi.com/highlights?id=29373 Imposition of VAT on the dyes, chemicals etc. - treating them to be deemed sales - used in the dyeing, colouring and printing of cloth for various traders - If the transaction does not satisfy the definition of sale, the question of subjecting it to tax under Vat Act does not arise. - HC en-us Mon, 23 May 2016 09:54:46 +0530 Mon, 23 May 2016 09:54:46 +0530 TaxTMI RSS Generator Court Rules VAT Inapplicable on Dyeing Chemicals if Transactions Aren't "Deemed Sales" Under VAT Law. https://www.taxtmi.com/highlights?id=29373 Imposition of VAT on the dyes, chemicals etc. - treating them to be deemed sales - used in the dyeing, colouring and printing of cloth for various traders - If the transaction does not satisfy the definition of sale, the question of subjecting it to tax under Vat Act does not arise. - HC Highlights VAT and Sales Tax Mon, 23 May 2016 09:54:46 +0530 https://www.taxtmi.com/highlights?id=29373