Input tax credit – preference of set off - local sale, ...

Tax Authority Cannot Force Method Limiting Tax Deferment Benefits, Upholds Taxpayer's Right to Maximize Input Tax Credit.

August 10, 2016

Case Laws VAT and Sales Tax HC

Input tax credit – preference of set off - local sale, inter-state sale and export - Assessing Authority cannot insist on the assessee adopting a particular method which would deny them the benefit of utilization of the balance available tax deferment in its entirety, and instead of paying tax. - HC

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Input tax credit – preference of set off - local sale, ...

Tax Authority Cannot Force Method Limiting Tax Deferment Benefits, Upholds Taxpayer's Right to Maximize Input Tax Credit.

August 10, 2016

Case Laws VAT and Sales Tax HC

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