https://www.taxtmi.com/caselaws?id=328209 A dealer claiming input tax credit must prove the genuineness of the purchase transaction and the correctness of the claim; the burden lies on the claimant under the Karnataka VAT framework. Where the assessing record showed that the selling dealers were non-existent or engaged in bill trading, and the assessee produced only photocopies of invoices without books of account or original tax invoices, mere registration details were insufficient. On those facts, the disallowance of input tax credit and the levy of penalty were sustained, and the Tribunal's common judgment was affirmed. en-us Wed, 27 Apr 2016 00:00:00 +0530 Fri, 24 Mar 2017 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328209 A dealer claiming input tax credit must prove the genuineness of the purchase transaction and the correctness of the claim; the burden lies on the claimant under the Karnataka VAT framework. Where the assessing record showed that the selling dealers were non-existent or engaged in bill trading, and the assessee produced only photocopies of invoices without books of account or original tax invoices, mere registration details were insufficient. On those facts, the disallowance of input tax credit and the levy of penalty were sustained, and the Tribunal's common judgment was affirmed. Case-Laws VAT and Sales Tax Wed, 27 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328209