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VAT - Highlights / Catch Notes

Home Highlights September 2021 Year 2021 This

Grant of refund which was deducted from the petitioner’s bills ...


Refund Approved for Deductions from Petitioner's Bills; Revenue's Inaction Shouldn't Disadvantage Assessee Compared to Assessment Scenario.

September 1, 2021

Case Laws     VAT and Sales Tax     HC

Grant of refund which was deducted from the petitioner’s bills in course of execution of a work contract - One cannot lose sight of the fact that the failure or inability of the revenue to frame an assessment should not place the assessee in a more disadvantages position then what it would have been an assessment had been made. - HC

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