Dealers Must Calculate Additional Sales Tax on Total Yearly Turnover, Not Split Yearly Periods, Court Rules.

Dealers Must Calculate Additional Sales Tax on Total Yearly Turnover, Not Split Yearly Periods, Court Rules. https://www.taxtmi.com/highlights?id=44972 The liability to pay additional sales tax is to be collected on the total taxable turnover of the dealer for the entire year. Therefore, the contentions advanced by the petitioner that the year should be split into two, is impermissible. en-us Thu, 07 Mar 2019 08:14:40 +0530 Thu, 07 Mar 2019 08:14:40 +0530 TaxTMI RSS Generator Dealers Must Calculate Additional Sales Tax on Total Yearly Turnover, Not Split Yearly Periods, Court Rules. https://www.taxtmi.com/highlights?id=44972 The liability to pay additional sales tax is to be collected on the total taxable turnover of the dealer for the entire year. Therefore, the contentions advanced by the petitioner that the year should be split into two, is impermissible. Highlights VAT and Sales Tax Thu, 07 Mar 2019 08:14:40 +0530 https://www.taxtmi.com/highlights?id=44972