https://www.taxtmi.com/forum/issue?id=5335 Section 8(3) and Rule 20 require a purchaser to produce Form VAT C-4 and allow the authority to verify it before granting Input Tax Credit, but the Punjab & Haryana High Court held that an innocent purchasing dealer who produces a genuine certificate cannot be denied credit solely because the selling dealer failed to deposit tax, unless fraud, collusion or connivance with the seller is proved; purchasers retain remedies against defaulting sellers and may claim refunds if sellers later pay. en-us Wed, 20 Feb 2013 08:50:49 +0530 Thu, 23 Jan 2025 15:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5335 Section 8(3) and Rule 20 require a purchaser to produce Form VAT C-4 and allow the authority to verify it before granting Input Tax Credit, but the Punjab & Haryana High Court held that an innocent purchasing dealer who produces a genuine certificate cannot be denied credit solely because the selling dealer failed to deposit tax, unless fraud, collusion or connivance with the seller is proved; purchasers retain remedies against defaulting sellers and may claim refunds if sellers later pay. Discussion-Forum VAT / Sales Tax Wed, 20 Feb 2013 08:50:49 +0530 https://www.taxtmi.com/forum/issue?id=5335