Welcome Judgement by Supreme Court : ITC to be given to the purchaser even if tax is not deposited by seller

 25,489 total views

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

2 Comments

  1. January 29, 2021
    Hari

    Nice portal for tax updates

    Reply
  2. May 7, 2021
    Devinder Jain

    Send copy of SC judgement on input tax credit

    Reply

Leave a Comment

Your email address will not be published.

the taxtalk

online portal for tax news, update, judgment, article, circular, income tax, gst, notification Simplifying the tax and tax laws is the main motto of the team tax talk, solving