Court Rules Warranty Replacements Must Be Included in Taxable Turnover for VAT and Sales Tax Calculations.

Court Rules Warranty Replacements Must Be Included in Taxable Turnover for VAT and Sales Tax Calculations. https://www.taxtmi.com/highlights?id=36742 Valuation - scope of taxable turnover - whether cost of warranty replacement is liable to be treated as "taxable turnover" or not? - dealer it is an authorized agency of "M/s MUL" and sale is being effected by manufacturing company through dealer - inclusion of value of replacements confirmed. - HC en-us Fri, 03 Nov 2017 10:00:37 +0530 Fri, 03 Nov 2017 08:04:22 +0530 TaxTMI RSS Generator Court Rules Warranty Replacements Must Be Included in Taxable Turnover for VAT and Sales Tax Calculations. https://www.taxtmi.com/highlights?id=36742 Valuation - scope of taxable turnover - whether cost of warranty replacement is liable to be treated as "taxable turnover" or not? - dealer it is an authorized agency of "M/s MUL" and sale is being effected by manufacturing company through dealer - inclusion of value of replacements confirmed. - HC Highlights VAT and Sales Tax Fri, 03 Nov 2017 10:00:37 +0530 https://www.taxtmi.com/highlights?id=36742