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VAT - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Input tax credit - with regard to the mismatch, the petitioner ...


Petitioner Must Prove Input Tax Credit Legitimacy; Cannot Blame Selling Dealer Without Transaction Details.

September 27, 2016

Case Laws     VAT and Sales Tax     HC

Input tax credit - with regard to the mismatch, the petitioner can very well establish through records, regarding the payment of sale price etc., and without furnishing specific details with regard to the transactions, the petitioner cannot say that the selling dealer alone has to be proceeded against. - HC

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