Deferred Tax Scheme Repayment: Five-Year Plan Post-Sales Tax to VAT Transition, Capped at 13 Years Total Duration.

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....Repayment schedule of deferred tax scheme after conversion of sales tax scheme to value added tax (VAT) scheme -The repayment schedule is 5 years from the expiry of eligibility period of deferment. The period of 5 years has to be so arranged that it does not go beyond 13 years from the date of deferment. - SC....