Denial of input tax credit (ITC) - Supplier failed to deposit ...

VAT and Sales Tax

September 1, 2018

Denial of input tax credit (ITC) - Supplier failed to deposit the tax - The State is deprived of the tax to that extent and hence there is no question of input tax credit - Having not received the tax at the first instance of sale, there is no obligation on the State to grant input tax credit.

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Denial of input tax credit (ITC) - Supplier failed to deposit ...

VAT and Sales Tax

September 1, 2018

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