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VAT - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Input tax credit - The registered dealers are not permitted to ...


Dealers Cannot Claim Input Tax Credit on VAT Form 240 Without Required Return Submission, Must Follow Statutory Procedures.

December 18, 2019

Case Laws     VAT and Sales Tax     HC

Input tax credit - The registered dealers are not permitted to claim the input tax credit on the basis of the VAT Form 240 without filing the return. When the statutory provision mandates compliance in a particular manner, it should be done in that particular way alone not by any other method.

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