Reversal of input tax credit - Shortage of material - Whether ...

Court Rules Input Tax Credit Cannot Be Claimed for Unsold Goods, Reinforcing Sales-Based Tax Credit Principle.

March 30, 2015

Case Laws VAT and Sales Tax HC

Reversal of input tax credit - Shortage of material - Whether the input tax credit availed can be adjusted towards output in respect of goods which are not sold - held No - HC

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Reversal of input tax credit - Shortage of material - Whether ...

Court Rules Input Tax Credit Cannot Be Claimed for Unsold Goods, Reinforcing Sales-Based Tax Credit Principle.

March 30, 2015

Case Laws VAT and Sales Tax HC

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