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VAT - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Input tax credit - If the selling dealer has not deposited the ...

VAT and Sales Tax

January 6, 2017

Input tax credit - If the selling dealer has not deposited the amount in full or a part thereof, it would be for the Revenue to proceed against the selling dealer. But thereby the benefit of input tax credit cannot be deprived to the purchaser dealer. - HC

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