Availing Input Tax Credit (ITC) wrongly - Penalty u/s 27(4) - ...

Court Upholds Penalty u/s 27(4) for Wrongful ITC Claim, Stresses Strict Interpretation of Tax Exemptions.

March 9, 2019

Case Laws VAT and Sales Tax HC

Availing Input Tax Credit (ITC) wrongly - Penalty u/s 27(4) - strict interpretation has to be given to any exemption notification and the interpretation should lean in favour of the Revenue - levy of penalty confirmed.

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Availing Input Tax Credit (ITC) wrongly - Penalty u/s 27(4) - ...

Court Upholds Penalty u/s 27(4) for Wrongful ITC Claim, Stresses Strict Interpretation of Tax Exemptions.

March 9, 2019

Case Laws VAT and Sales Tax HC

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