Availing of input tax credit on photostat tax invoices/bogus ...
High Court Rules: Claiming Input Tax Credit on Fake Invoices Violates Act, Penalty Imposed for Non-Compliance.
May 28, 2016
Case Laws VAT and Sales Tax HC
Availing of input tax credit on photostat tax invoices/bogus invoices in the absence of selling dealer remitting the taxes to the Government and the investigations providing that they are non-existing dealers amounts to violation of the provisions of the Act and attracts levy of penalty - HC
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