Input Tax Credit carry forward temporarily excluded from return calculations pending decision on Section 9(1) restoration. Dealers are directed to continue filing VAT returns without calculating the carry forward of Input Tax Credit on closing stock pending the Government's decision on restoring Section 9(1) to its pre-amendment position; this suspension of the carry-forward computation applies to filings using the DVAT-16 return format.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input Tax Credit carry forward temporarily excluded from return calculations pending decision on Section 9(1) restoration.
Dealers are directed to continue filing VAT returns without calculating the carry forward of Input Tax Credit on closing stock pending the Government's decision on restoring Section 9(1) to its pre-amendment position; this suspension of the carry-forward computation applies to filings using the DVAT-16 return format.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.