Monday, July 2, 2018

Bank can be treated ‘Dealer’ for acting as Financier and Selling Hypothecated Goods: Kerala HC [Read Judgment]

The Kerala High Court in the case of H.D.F.C Bank Ltd, Kochi held that the appellant, financier Bank is liable to include sale consideration from the transaction of re-possession of hypothecated vehicle and effecting transfer and delivery of vehicle via sale letter executed by the registered/original owner of the vehicle for KVAT purpose. The Kerala […]

The post Bank can be treated ‘Dealer’ for acting as Financier and Selling Hypothecated Goods: Kerala HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.



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