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Input vat disallowed by wb vat for 2007-2008

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Querist : Anonymous

Querist : Anonymous (Querist)

16 September 2012 I AM AIRON & STEEL SUPPLIER REGISTERED UNDER VAT ACT IN WEST BENGAL. I PURCHASED RS FIFTY LAKHS GOODS FROM A DEALER WHOSE VAT REGISTRATION WAS CANCELLED ON 20/2/2008.I MADE PURCHASES FROM THE DEALER ON 23/2/2008,18/3/2008,25/3/2008 after cancelled date of his registration. The sales tax department have sent me a demand notice of RS 200000/on 13/9/2012.I was assessed by officer on 13/8/2010 previously. What should I do. Shall I HAVE TO PAY RS200000/ to sales tax department.

Querist : Anonymous

Querist : Anonymous (Querist)

28 September 2012 INPUT VAT CANNOT BE DISALLOWED IF PAYMENT IS MADE THROUGH BANKS.

Querist : Anonymous

Querist : Anonymous (Querist)

29 September 2012 1. In view of the above, it can be certainly said that even if, the vendor has not paid the tax; or even if, the registration of the vendor has been cancelled with retrospective effect; the claim of ITC cannot be denied. What is required to be taken care of would be to produce all the necessary details like copy of tax invoice, proof of delivery of goods, copy of the account of such vendor and details of payment made to the vendor.

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