https://www.taxtmi.com/caselaws?id=292976 The High Court affirmed the Tribunal's decision in a case concerning the exclusion of value-added tax (VAT) paid on purchases for computing the "taxable turnover of purchases" under the Gujarat Value Added Tax Act, 2003. The Court held that VAT should be excluded from the taxable turnover, referencing relevant case law and legislative intent. Additionally, the Court upheld the exclusion of purchases on which VAT was neither claimed nor granted from the taxable turnover, finding no legal infirmity in the Tribunal's order and no substantial question of law for consideration. en-us Fri, 22 Apr 2016 00:00:00 +0530 Sat, 16 Jan 2021 22:03:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292976 The High Court affirmed the Tribunal's decision in a case concerning the exclusion of value-added tax (VAT) paid on purchases for computing the "taxable turnover of purchases" under the Gujarat Value Added Tax Act, 2003. The Court held that VAT should be excluded from the taxable turnover, referencing relevant case law and legislative intent. Additionally, the Court upheld the exclusion of purchases on which VAT was neither claimed nor granted from the taxable turnover, finding no legal infirmity in the Tribunal's order and no substantial question of law for consideration. Case-Laws VAT and Sales Tax Fri, 22 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292976