Recent case law

This query is : Resolved

Lakshmi (Querist)
Follow

28 October 2011 There is a provision in VAT, which says that unless the seller has deposited the VAT amount into Government Treasury, the purchaser is not entitled to input tax credit (set off)(Ex : Sec 48 of MVAT Act). I came 2 know from some source that,there was a recent case law (may be of Punjab & Haryana High Court)which contradicts the above provision. Can someone confirm whether there is any case law as such? Also if I can get d text of the case law ?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

29 October 2011 Gheru Lal Bal Chand Vs. State of Haryana and another decision of P & H high court dated 23/09/2011.
Crux of the decision is as under.
The Hon’ble High Court has held that no liability can be fastened on the purchasing registered dealer on account of non-payment of tax by the selling registered dealer in the treasury unless it is fraudulent, or collusion or connivance with the registered selling dealer or its predecessors with the purchasing registered dealer is established.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

swaminathan

ASHOK B GONDKAR

Shameem ahmed

Nayan shetty

Pratap Kumar De

Subscribe Now

Recent case law

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

CA Final

GST CONSULTANT

GST CONSULTANCY

Senior Executive

Manager- Finance and Compliance