https://www.taxtmi.com/caselaws?id=371715 For compounding under the Kerala VAT regime, the statutory formula was to be applied branch-wise, with the Head Office and each branch treated as separate business units. The benchmark for the three preceding years was the tax conceded in the return or accounts, not tax finally assessed or revised on appeal. Purchase tax under the KGST regime could be included in the computation, but the VAT circular excluded it for the VAT period. Additional sales tax followed the same distinction and was includable only where tax had been paid under Sections 5 and 5A in the KGST regime. en-us Thu, 29 Nov 2018 00:00:00 +0530 Mon, 10 Dec 2018 09:37:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371715 For compounding under the Kerala VAT regime, the statutory formula was to be applied branch-wise, with the Head Office and each branch treated as separate business units. The benchmark for the three preceding years was the tax conceded in the return or accounts, not tax finally assessed or revised on appeal. Purchase tax under the KGST regime could be included in the computation, but the VAT circular excluded it for the VAT period. Additional sales tax followed the same distinction and was includable only where tax had been paid under Sections 5 and 5A in the KGST regime. Case-Laws VAT and Sales Tax Thu, 29 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371715