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VAT - Highlights / Catch Notes

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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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