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VAT - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Pre-deposit - input credit of purchases from dealers having ...

VAT and Sales Tax

May 29, 2019

Pre-deposit - input credit of purchases from dealers having cancelled /abinitio Tin - to disallow tax credit on any purchase, it has to be established that it is in respect of the very goods purchased by a dealer that the tax has not been paid, it cannot be disallowed by working out the percentage of purchases - directed to hear the appeal on merits, without insisting pre-deposit

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