Input tax credit: contractors may claim credit via subcontractor tax invoices and offset against VAT output liability. Officers must avoid rejecting registration applications on flimsy grounds and must allow dealers to remedy defects or furnish fresh surety bonds; front office counters must remain open until 4:30 pm, acknowledge filings free of charge, and accept late returns without insisting on penalty. Contractors may claim input tax credit based on tax invoices issued by subcontractors and adjust that credit against output VAT; refund vouchers are preferred to adjustment orders for prior-law refunds; CST amendment applications may be filed on plain paper; dealers informed of their TIN may issue tax invoices from that date; certain CST rate-reduction notifications remain in force.
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: contractors may claim credit via subcontractor tax invoices and offset against VAT output liability.
Officers must avoid rejecting registration applications on flimsy grounds and must allow dealers to remedy defects or furnish fresh surety bonds; front office counters must remain open until 4:30 pm, acknowledge filings free of charge, and accept late returns without insisting on penalty. Contractors may claim input tax credit based on tax invoices issued by subcontractors and adjust that credit against output VAT; refund vouchers are preferred to adjustment orders for prior-law refunds; CST amendment applications may be filed on plain paper; dealers informed of their TIN may issue tax invoices from that date; certain CST rate-reduction notifications remain in force.
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