Proportionate dis-allowance of Input Tax Credit - Explanation to ...

Section 14 M.P. VAT Act amendment on Input Tax Credit disallowance applies prospectively; retroactive validation possible via Validation Act.

September 29, 2016

Case Laws VAT and Sales Tax HC

Proportionate dis-allowance of Input Tax Credit - Explanation to Section 14 of the M.P. VAT Act, as introduced by Amendment Act of 2014 and amended in 2015, would apply prospectively. However, the legislature has power to validate the judicial invalid levy retrospectively by bringing Validation Act. - HC

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Proportionate dis-allowance of Input Tax Credit - Explanation to ...

Section 14 M.P. VAT Act amendment on Input Tax Credit disallowance applies prospectively; retroactive validation possible via Validation Act.

September 29, 2016

Case Laws VAT and Sales Tax HC

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