The Madras High Court, while considering a writ petition, has held that the VAT department shall raise interest demand within a reasonable time under the provisions of the Tamil Nadu VAT Act. The petitioner, M/s Aruna Hotel Limited, is a company and claims to have been in a state of turmoil in terms of its…
Source Taxscan
Latest Posts in "India"
- Karnataka AAR Allows ITC on Ancillary Expenses for Used Vehicles Sold Under Margin Scheme
- ISD Credit Distribution Allowed Only After ITC Eligibility Under Section 16, Rules Madras High Court
- Hookah Served in Restaurants Not Restaurant Service, Taxed Separately: West Bengal AAR Rules
- Key Changes in RBI’s FEMA Export and Import Regulations, 2026: Integrated Rules and Reporting Updates
- Deemed Exports Under GST: Eligibility, Taxation, and Refunds for Supplies to SEZs and EOUs
