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VAT - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Reversal of input tax credit - ITC claimed by the dealers ...


High Court: Dealers' Input Tax Credit under TNVAT Act Sec 19(1) Can't Be Reversed Due to Sellers' Non-Payment.

August 10, 2015

Case Laws     VAT and Sales Tax     HC

Reversal of input tax credit - ITC claimed by the dealers cannot be reversed under Section 19(1) of TNVAT Act on the ground that the sellers have not paid the tax to the department - HC

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