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Home Highlights January 2022 Year 2022 This

Validity of assessment order - input tax credit - failure to ...


Court Examines Input Tax Credit Validity Due to Supplier's Non-Disclosure, Following February 2021 Circular Guidelines.

January 15, 2022

Case Laws     VAT and Sales Tax     HC

Validity of assessment order - input tax credit - failure to disclose the turnover in the return on the part of supplier - opportunity of personal hearing - There are no merits in these Writ Petitions. - However, in view of the circular dated 24.02.2021 to specifically deal with the situation, the case has to be examined in the light of the said Circular- HC

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