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Welcome Judgement by Supreme Court : ITC to be given to the purchaser even if tax is not deposited by seller
DELHI HIGH COURT ORDER SUPPORTED BY SUPREME COURT*
BUYER IS ELEGEABLE TO CLAIM INPUT TAX CREDIT UNDER VAT EVEN IF SELLER NOT UPLOADED OR NOT PAID VAT ON HIS SALES, IT’S GOVT DUTY TO COLLECT VAT, CST, PENALTY ETC. FROM THE SELLING PARTY AND NOT FROM THE BUYERS
Hari
Nice portal for tax updates
Devinder Jain
Send copy of SC judgement on input tax credit
Hukam Bengani
Need matter related to input tax credit
Hukam Bengani
Good portal for tax matters