https://www.taxtmi.com/caselaws?id=350064 A certified manufacturer under a VAT remission scheme retained the benefit even though the tax component was separately shown in invoices and collected from purchasers. The scheme was directed at waiving the State tax burden on specified goods manufactured by certified units, and the requirement to issue tax or retail invoices was treated as an accounting mechanism enabling tax credit, not as a condition that changed the nature of the remission. Separate disclosure of the tax element in the sale invoice was therefore only a bookkeeping treatment and did not amount to breach of the remission conditions. The denial of remission solely on that basis was unsustainable. en-us Mon, 09 Oct 2017 00:00:00 +0530 Fri, 06 Apr 2018 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350064 A certified manufacturer under a VAT remission scheme retained the benefit even though the tax component was separately shown in invoices and collected from purchasers. The scheme was directed at waiving the State tax burden on specified goods manufactured by certified units, and the requirement to issue tax or retail invoices was treated as an accounting mechanism enabling tax credit, not as a condition that changed the nature of the remission. Separate disclosure of the tax element in the sale invoice was therefore only a bookkeeping treatment and did not amount to breach of the remission conditions. The denial of remission solely on that basis was unsustainable. Case-Laws VAT and Sales Tax Mon, 09 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350064