SALES TAX APPEAL NO. 100/LB OF 2001, DECIDED ON 13TH MAY, 2002 versus SALES TAX APPEAL NO. 100/LB OF 2001, DECIDED ON 13TH MAY, 2002
The Cotton Ginning Factory Cotton Seed Export ratio of Cotton Seed was 57% during 1997, while the proportion of Sections 3, 11 (2) and 34 tax was deducted by 57% during 1997 while it was reduced to 46% of sales of department. By determining, applying the prevailing 58% average recovery ratio in the industry, after reviewing the justifications, after the appellate tribunal's direction, the recovery ratio dropped from 57 to 46%. The same collection should be calculated at 57% for the year 1998 so that a fresh decision was made to determine the amount of tax payable by the SC order.
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