Monday, August 13, 2018

Benefit of 3% Tax Rate under MVAT Act can’t be granted Prior to 14th October 2017: Bombay High Court

The Bombay High Court in the case of Deepak Fertilisers and Petrochemicals Corporation Ltd. v. State of Maharashtra vide its judgment dated July 26th, 2018 held that the benefit of a lower tax rate (3%) under the MVAT Act will have to be granted only from the date from which it is extended, namely, w.e.f. […]

The post Benefit of 3% Tax Rate under MVAT Act can’t be granted Prior to 14th October 2017: Bombay High Court appeared first on Taxscan | Simplifying Tax Laws.



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