Court Rules No VAT on ONGC Contract for Machinery Use; Previous Tax Restraint Means No Refunds Needed.

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Full Text of the Document

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....Levy of VAT - transfer of right to use the machinery and equipments - Award of contract by ONGC under a work order - It is declared that the respondents shall not be competent to levy Value Added Tax on the transactions between the petitioner and ONGC which are in question. Since this Court had prevented the respondents from levying any such tax pending the petition, there shall be no question of refund - HC....