https://www.taxtmi.com/article/detailed?id=5660 Disallowance of input tax credit on the ground of a seller being bogus or cancelled must be founded on legal evidence; purchasers may rely on registration and must produce VAT invoices, proof of payment and movement to establish genuineness, after which the onus shifts to the assessing officer to rebut. Credit cannot be denied solely because the seller failed to remit tax unless fraud, collusion or connivance with the purchaser is proved. en-us Thu, 12 Jun 2014 10:41:41 +0530 Mon, 16 Jun 2014 10:51:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5660 Disallowance of input tax credit on the ground of a seller being bogus or cancelled must be founded on legal evidence; purchasers may rely on registration and must produce VAT invoices, proof of payment and movement to establish genuineness, after which the onus shifts to the assessing officer to rebut. Credit cannot be denied solely because the seller failed to remit tax unless fraud, collusion or connivance with the purchaser is proved. Articles Value Added Tax - VAT and CST Thu, 12 Jun 2014 10:41:41 +0530 https://www.taxtmi.com/article/detailed?id=5660