Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

VAT Payment in Construction Doesn't Guarantee Accurate Material Valuation; Authorities Can Investigate Allocation Accuracy.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Construction Activities – Duty Liability - discharge of VAT on a particular value cannot be conclusive proof that the value of material involved corresponded to the value on which VAT was paid - Prima facie the service tax authorities have every right to look into the issue whether the value had been correctly split - AT....