https://www.taxtmi.com/caselaws?id=347440 Input tax credit under the Punjab VAT Act was claimed on purchase tax that was payable but not actually paid. Following earlier decisions on the same issue, the Court held that credit cannot be allowed unless the tax has been actually paid, so the claim for input tax credit failed. Questions relating to levy of purchase tax, penalty and interest were treated as already settled by prior judgments and did not require fresh adjudication. The appeals were therefore dismissed as without merit. en-us Tue, 08 Aug 2017 00:00:00 +0530 Wed, 28 Mar 2018 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347440 Input tax credit under the Punjab VAT Act was claimed on purchase tax that was payable but not actually paid. Following earlier decisions on the same issue, the Court held that credit cannot be allowed unless the tax has been actually paid, so the claim for input tax credit failed. Questions relating to levy of purchase tax, penalty and interest were treated as already settled by prior judgments and did not require fresh adjudication. The appeals were therefore dismissed as without merit. Case-Laws VAT and Sales Tax Tue, 08 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347440