Non-Payment of Tax to the Government - Is the Seller liable or the Buyer?



1) Relevant Provision Section 16(1) and (2) of the CGST Act: 16. Eligibility and conditions for taking input tax credit. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the manner specified in section 49, be entitled to take credit
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About the Author

Chartered Accountant in Practice

The author, CA Jayprakash Pandey is a practicing Chartered Accountant (Founder of Jayprakash P Company) having Office at Mumbai, with more than 5 years of professional cum practical experience, Direct Tax, International Taxation, Indirect Tax FEMA related advisory, litigation compliance matters. If you have any q ... Read more

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