Tax Management India. Com TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals News SMS Articles Highlights
        Home        
← Previous Next →
  • Contents
  • Cases Cited

 

User Login
Username  
Password  
Stay sign in     

Forget password        New User/ Regiser

 

2016 (11) TMI 978

Head Note:
Input Tax Credit - The respondent-assessees are carrying on separate business but they sold the goods at a rate lower than the price shown in the VAT invoice keeping in view the discount/incentive received by them from the respective dealers - Held that: - reliance placed on the decision of the case of Assistant Commissioner, Circle-A Vs. Assistant Commissioner, Circle-A, Commercial Taxes, Bharatpur (Rajasthan) and others Versus Bhagwati Building Material Store and other [2016 (10) TMI 13 - RAJASTHAN HIGH COURT] where it was held that Input Tax Credit is allowable as per VAT invoice irrespective of sale value of the goods.

ITC allowed - petition dismissed - decided in favor of respondent-assessee.

 


← Previous Next →

 

 

 

Discussion Forum
what is new what is new
 

Let's just recapitulate:

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.