Tuesday, January 8, 2019

Sale / Lease of the Multi-Functional Printers Subject to 12.5% Tax under MVAT Act: Bombay HC

The Bombay High Court in the case of Ricoh India Ltd.  v. State of Maharashtra held that the rate of tax applicable on the sale/lease of the multi-functional printers would be 12.5% as opposed to 4% claimed by the appellant. The appellant is engaged in the business of importing and selling the electronic and Information […]

The post Sale / Lease of the Multi-Functional Printers Subject to 12.5% Tax under MVAT Act: Bombay HC appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws http://bit.ly/2SNBItv

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