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VAT - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Purchase of DEPB against C Forms - any defalcation or violation ...


Purchasing Dealer Solely Liable for 'C' Form Violations in Duty Entitlement Pass Book Transactions; Selling Dealer Not Accountable.

September 19, 2014

Case Laws     VAT and Sales Tax     HC

Purchase of DEPB against C Forms - any defalcation or violation of the declaration, at the hands of the purchasing dealer, who issued the 'C' Form; would be liable to be proceeded against only against that purchasing dealer and not against the selling dealer - HC

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