TaxTMI 
TaxTMI 
Claim for ITC
01 Feb 2016 
9 Replies 
2809 Views Asked by
Input tax credit may be available where purchase tax is paid directly under reverse charge, subject to VAT Act conditions.
Claiming input tax credit for purchases from unregistered dealers hinges on statutory provisions and documentary proof: while a valid tax invoice is generally required, several State VAT Acts treat tax paid directly by the purchaser as purchase tax and include such payments within the definition of input tax, permitting ITC where the subsequent sale is taxable and statutory conditions and procedures are met. (AI Summary)
Claiming input tax credit for purchases from unregistered dealers hinges on statutory provisions and documentary proof: while a valid tax invoice is generally required, several State VAT Acts treat tax paid directly by the purchaser as purchase tax and include such payments within the definition of input tax, permitting ITC where the subsequent sale is taxable and statutory conditions and procedures are met. (AI Summary)
Sir,I am purchasing construction material from unregistered dealer and reselling to registered dealer and I am paying tax on purchase also so can i claim ITC on sale?