https://www.taxtmi.com/article/detailed?id=1465 The High Court interpreted Section 8(3) of the Haryana VAT Act and Rules 20(1) and 20(4) to protect a purchasing registered dealer's Input Tax Credit (ITC) where the selling dealer failed to deposit collected tax, holding that production of Form VAT-C4 ordinarily discharges the purchaser's onus and that liability on the purchaser arises only if fraud, collusion or connivance with the selling dealer (or predecessors) is established; the provisions were read down rather than struck down and assessments were remanded for fresh decisions accordingly. en-us Tue, 11 Oct 2011 18:29:49 +0530 Tue, 11 Oct 2011 18:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1465 The High Court interpreted Section 8(3) of the Haryana VAT Act and Rules 20(1) and 20(4) to protect a purchasing registered dealer's Input Tax Credit (ITC) where the selling dealer failed to deposit collected tax, holding that production of Form VAT-C4 ordinarily discharges the purchaser's onus and that liability on the purchaser arises only if fraud, collusion or connivance with the selling dealer (or predecessors) is established; the provisions were read down rather than struck down and assessments were remanded for fresh decisions accordingly. Articles Value Added Tax - VAT and CST Tue, 11 Oct 2011 18:29:49 +0530 https://www.taxtmi.com/article/detailed?id=1465