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VAT - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

Input credit claimed - VAT - in the absence of any mechanism ...


Purchasing Dealer Entitled to VAT Input Credit if Selling Dealer's Tax Payment Can't Be Verified, Registration Not Canceled.

February 4, 2013

Case Laws     VAT and Sales Tax     HC

Input credit claimed - VAT - in the absence of any mechanism enabling a purchasing dealer to verify if the selling dealer deposited tax and in the absence of notification that a dealer’s registration is cancelled the benefit of input credit cannot be denied. - HC

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