Input Tax Credit to purchaser cannot be denied merely on the basis of an affidavit of seller unless opportunity of cross-examine is given

0 comments Friday, August 19, 2011
Punjab VAT Tribunal has held in a very important case namely Malkeet Trading Company, Jalalbad Vs State of Punjab(2011) 17 STM (JS) 153 that Input Tax Credit to purchasing dealer cannot be denied merely on the ground of an affidavit by the selling dealer to the effect that he has not made any sales to the purchasing dealer, without giving an opportunity to purchasing dealer of cross examining the deponent-selling dealer.
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