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VAT - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Denial of input tax credit - Liability of purchasing dealer - ...


Purchasing Dealer's Input Tax Credit Denied if Seller Fails to Pay Tax; Dealer Liable for Payment.

April 9, 2015

Case Laws     VAT and Sales Tax     HC

Denial of input tax credit - Liability of purchasing dealer - If on verification any tax is not paid for the purchase (by the seller), it is open to the authority to levy the tax and the Petitioner is liable to pay - HC

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