In case the seller does not show a sale in his VAT return, is the purchaser liable to pay the VAT amount, even if he has the sale memo plus a letter from the seller that he has not filed the sale in his return, nor intends to do so?This is applicable to WB VAT Act
Menu
Is the purchaser liable?
Replies (2)
NO NEED TO PAY THE VAT ON BEHALF OF SELLER IF SELLER DOESNT PAY. When a purchaser purchases goods he pays to the seller total amount incl. vat hence his duty is over he has already paid the tax which seller is liable to pay to the government and if he doent pay the to the government then you will be denied the benefit of input tax credit and the government will get to know once you try to take the input credit. Only thing will happpen you wont get the the input credit till seller pays to the government.
| Originally posted by : CA Pintu Mishra | ||
 |
NO NEED TO PAY THE VAT ON BEHALF OF SELLER IF SELLER DOESNT PAY. When a purchaser purchases goods he pays to the seller total amount incl. vat hence his duty is over he has already paid the tax which seller is liable to pay to the government and if he doent pay the to the government then you will be denied the benefit of input tax credit and the government will get to know once you try to take the input credit. Only thing will happpen you wont get the the input credit till seller pays to the government. |
 |
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
