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2021 (4) TMI 1036 - HC - VAT and Sales TaxDisallowance of input tax credit - purchasing dealers either been deregistered or had failed to discharge their tax liability paid on such sales - failure to discharge the burden under Section 70 of the KVAT Act of proving the correctness and genuineness of the claim - HELD THAT:- The Tribunal has relied upon the decision of this Court passed in THE STATE OF KARNATAKA VERSUS SRI RAJESH JAIN [2017 (1) TMI 333 - KARNATAKA HIGH COURT] where it was held that Once the purchaser dealer-assessee satisfactorily demonstrates that while purchasing goods, he has paid the amount of VAT to the selling dealer, the matter should end so far as his entitlement to the claim input tax credit. The substantial questions of law involved in this petition are covered by the aforesaid decision of the Division Bench of this Court - there are no merit in this petition and the substantial questions of law are answered against the petitioner and in favour of the assessee - petition dismissed.
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