https://www.taxtmi.com/caselaws?id=392804 The valuation demand on trade discount was not sustained because the dispute was covered by the applicable notification framework governing sale of used cars on value addition, and the levy was quashed to that extent. The question of the applicable tax rate under the relevant notifications required fresh consideration in light of the clarification issued under the Tamil Nadu VAT Act, 2006, so the assessment on that point was remitted to the respondent. The operative portion relating to rate of tax was directed to be treated as a show cause notice, with liberty to issue a corrigendum and obtain a reply. en-us Mon, 20 Jan 2020 00:00:00 +0530 Sat, 29 Feb 2020 06:39:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392804 The valuation demand on trade discount was not sustained because the dispute was covered by the applicable notification framework governing sale of used cars on value addition, and the levy was quashed to that extent. The question of the applicable tax rate under the relevant notifications required fresh consideration in light of the clarification issued under the Tamil Nadu VAT Act, 2006, so the assessment on that point was remitted to the respondent. The operative portion relating to rate of tax was directed to be treated as a show cause notice, with liberty to issue a corrigendum and obtain a reply. Case-Laws VAT and Sales Tax Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392804