Monday, 1 September 2014

In leasing of restaurant, lessor couldn't be charged VAT if lessee was already assessed to VAT

CST & VAT : Where assessee-hotel leased out its restaurant operation to other person, who was assessed separately for cooked food, Assessing Authority was wrong in working out turnover of cooked food in hands of assessee hotel at 15 per cent of turnover of IMFL


No comments:

Post a Comment