VAT Impact on Petroleum Pricing: No Extra Cost from Roll Pack Means No VAT Liability Under Delhi DVAT Rules.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....VAT on petroleum products - effect of Roll pack in the price - DVAT - When there was no increased component and therefore no liability to pay VAT in respect of such increased component, benefit under the proviso ceased to be applicable. - SC....