Rejection of input tax credit - Fictitious dealers - Bogus ...
Court Denies Input Tax Credit for Transactions with Fake Dealers; Protective Assessment and Penalty u/s 38[5] Enforced.
October 27, 2021
Case Laws VAT and Sales Tax HC
Rejection of input tax credit - Fictitious dealers - Bogus supplier - protective assessment under Section 38[5] of the Act - levy of penalty - since it is established that supplier was not existing, credit cannot be allowed - HC
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