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VAT - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Set off of tax paid on purchase of raw materials used in the ...


High Court dismisses revision application; tax set-off for raw materials denied due to omission in initial tax return.

September 14, 2019

Case Laws     VAT and Sales Tax     HC

Set off of tax paid on purchase of raw materials used in the manufacture of tubular poles - Claim rejected on the reasoning that the assessee had not raised any such claim in its return and, therefore, it was not permissible to grant the same at the stage of assessment - revision application of the assessee dismissed - HC

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