https://www.taxtmi.com/caselaws?id=278008 The Court dismissed the appeal challenging the calculation of deferred tax under the Haryana Value Added Tax Act, 2003. It held that input tax paid by the assessee cannot be counted towards payment of deferred tax upfront. The Court emphasized that deferred tax should be calculated without deducting input tax paid on goods used in manufacturing. The judgment reaffirmed the treatment of input tax payments and upheld the calculation method for deferred tax under the HVAT Act. Additionally, the Court rejected the application for condonation of delay in filing the appeal. en-us Tue, 29 May 2018 00:00:00 +0530 Fri, 04 Jan 2019 06:17:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278008 The Court dismissed the appeal challenging the calculation of deferred tax under the Haryana Value Added Tax Act, 2003. It held that input tax paid by the assessee cannot be counted towards payment of deferred tax upfront. The Court emphasized that deferred tax should be calculated without deducting input tax paid on goods used in manufacturing. The judgment reaffirmed the treatment of input tax payments and upheld the calculation method for deferred tax under the HVAT Act. Additionally, the Court rejected the application for condonation of delay in filing the appeal. Case-Laws VAT and Sales Tax Tue, 29 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278008