Monday 31 August 2015

Post-sale reduction in sale price won't lead to payment of less sales tax

CST & VAT: Rajasthan VAT - Where assessee had sold goods at a specified value and later on under an agreement value of goods was reduced by purchaser of goods and differential amount was recovered by him from subsequent bills of assessee, claim of assessee that sales tax was required to be paid on lower value of goods could not be accepted

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