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inquiry about vat

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

if a seller defaults in deposit of his output tax liability and also does not his vat return then should the purchasing get input tax credit on his purchase made from the defaulting seller ?

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2 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

seller defaults to upload his sales invoice along with return or deposit tax ,the authorities can disallow the input tax credit to the buyer

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Dear Sr Jain If a seller defaults to upload his sales invoice along with return or deposit tax ,the authorities can disallow the input tax credit to the buyer. Kind Regards Vinod.P

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