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VAT - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Reversal of Input tax credit - mismatch of return - The web ...


Mismatch in Input Tax Credit Requires Inquiries and Opportunity to Explain Discrepancies; Web Report is Just a Reference.

January 5, 2019

Case Laws     VAT and Sales Tax     HC

Reversal of Input tax credit - mismatch of return - The web report or the data maintained by the Department is only a starting point, based on which, the authority has to enquire and proceed further. - Assessee must be given an opportunity to explain.

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