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Purchase from blacklisted dealer.

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(Querist)
19 May 2015 Hi,Is there any effect on VAT when we made the purchases from Blacklisted dealer?????.Thanks
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
19 May 2015 it shall be treated as unregistered dealer and you will have to pay tax on purchase if applicable in the State law.

If your seller has charged any amount of VAT on the bill, you will not get any ITC(Input tax credit)
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Nagaraja S Hegde

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Nagaraja S Hegde (Querist)
19 May 2015 thank u very much sir..................




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