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VAT - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Input tax credit - Unless the assessee proves that the stock ...


Input Tax Credit Denied for Stock Transfers Without Proof of Export Order Fulfillment Under Central Excise Act.

December 7, 2018

Case Laws     VAT and Sales Tax     HC

Input tax credit - Unless the assessee proves that the stock transfer was in pursuance of an export order, there cannot be a contention raised that the stock transfer was in the course of export merely for the reason that the goods have been identified under the Central Excise Act to be exported.

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