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VAT - Highlights / Catch Notes

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Interstate sate - consignment transfer/stock transfer - ...

Case Laws     VAT and Sales Tax

August 5, 2022

Interstate sate - consignment transfer/stock transfer - Declaration in Form F by bogus dealer - It may be true that once a statutory declaration is furnished, the recipient of such declaration cannot be held responsible for any incorrectness of the details filled in by the dealer issuing such declaration. However, the same cannot be understood to mean that a declaration in "Form F" or for that matter any declaration form of a dealer found to be non-existent/fictitious, which is nothing but a fraud played on the State, must also be extended the benefit of a valid declaration. - Demand confirmed - HC

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