Levy of penalty - demand against wrongly claimed ITC - The ...

Case Laws VAT and Sales Tax

May 18, 2023

Levy of penalty - demand against wrongly claimed ITC - The benefit of this ITC was never granted by the revenue. Hence, it was not a case, where wrong information was given. Only a claim was made, which was ultimately rejected. This would not amount to an intention to claim wrong relief and attract imposition of penalty. The appeal to the extent of imposition of penalty and interest is also liable to be allowed. - HC

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Levy of penalty - demand against wrongly claimed ITC - The ...

Case Laws VAT and Sales Tax

May 18, 2023

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