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August 2015

Bombay High Court judgment in the case of Tata Sons Ltd., Writ Petition No. 2818 of 2012 decided on 20.1.2015

By Tarun Ghia
Pratik Mehta
Brijesh Cholera Chartered Accountants
Reading Time 1 mins
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Trade Circular 11T of 2015 dated 13.7.2015

In this Circular, the Sales Tax Commissioner has explained the judgement in case of Tata Sons Ltd., that VAT can be levied on transfer of right to use goods of intangible nature i.e. trade mark, technical knowhow ,copy right and other intangible goods even if transferred to multiple users.

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