banner_ad

Input credit

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 May 2014 if once the input credit is reversed and later on, in a case law high court opines that input credit can be taken in that case, will the assesse who reversed the input credit can take the credit for the same goods again?
Profile Image

CA DEEPAK S K

Profile Image

CA DEEPAK S K (Expert)
22 May 2014 Yes. The HC gives decisions on question of law, so once the decision is given that input credit can be taken then it will be construed that the particular provision was enacted with intention of giving credit on that particular activity.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 May 2014 actually I want to know whether suo moto re credit of input tax credit under Karnataka vat or any other vat act is permissible ??is there any procedural requirement for availing the credit again??
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 May 2014 actually I want to know whether suo moto re credit of input tax credit under Karnataka vat or any other vat act is permissible ??is there any procedural requirement for availing the credit again??
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 May 2014 actually I want to know whether suo moto re credit of input tax credit under Karnataka vat or any other vat act is permissible ??is there any procedural requirement for availing the credit again??
Profile Image

CA DEEPAK S K

Profile Image

CA DEEPAK S K (Expert)
22 May 2014 Every state will have it's own procedure as per the relevant rules or notification, not really aware of such procedure.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details