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VAT - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Adjustment of refund with outstanding demand which was not ...


High Court Orders Action Against VATO for Negligence Leading to Rs. 56 Lakh Interest Burden on Exchequer.

August 11, 2016

Case Laws     VAT and Sales Tax     HC

Adjustment of refund with outstanding demand which was not confirmed - Due to the careless action of the VATO an interest burden of nearly ₹ 56 lakhs is now placed on the exchequer - Appropriate actions directed to be taken against the VATO - HC

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