input tax credit

[DEEPAK SAINI]

Is there any case law under VAT where ITC can be taken on the basis of Retail invoice

AI Summary

Input Tax Credit Cannot Be Claimed Using Retail Invoices, Only Tax Invoices Qualify for VAT Credit A query was raised regarding the eligibility to claim input tax credit (ITC) under VAT using a retail invoice. The response clarified that ITC cannot be claimed on a retail invoice; it is only permissible on tax invoices.