https://www.taxtmi.com/caselaws?id=251395 The High Court upheld the denial of input tax credit to the appellant, a purchaser-dealer, for failing to prove the actual purchase and movement of goods worth Rs. 42,46,800 from vendors. Despite evidence of stock and invoices, the court found a lack of proof of tax payment on purchases, emphasizing the absence of genuine transactions. The court differentiated the case from precedent, highlighting the crucial evidence gap. With consistent findings across authorities, the court dismissed the appeal, concluding the input tax credit claim was unjustified. en-us Thu, 24 Jul 2014 00:00:00 +0530 Mon, 21 Sep 2015 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251395 The High Court upheld the denial of input tax credit to the appellant, a purchaser-dealer, for failing to prove the actual purchase and movement of goods worth Rs. 42,46,800 from vendors. Despite evidence of stock and invoices, the court found a lack of proof of tax payment on purchases, emphasizing the absence of genuine transactions. The court differentiated the case from precedent, highlighting the crucial evidence gap. With consistent findings across authorities, the court dismissed the appeal, concluding the input tax credit claim was unjustified. Case-Laws VAT and Sales Tax Thu, 24 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251395