Dealers Cannot Claim Input Tax Credit on VAT Form 240 Without Required Return Submission, Must Follow Statutory Procedures.

Dealers Cannot Claim Input Tax Credit on VAT Form 240 Without Required Return Submission, Must Follow Statutory Procedures. https://www.taxtmi.com/highlights?id=50757 Input tax credit - The registered dealers are not permitted to claim the input tax credit on the basis of the VAT Form 240 without filing the return. When the statutory provision mandates compliance in a particular manner, it should be done in that particular way alone not by any other method. en-us Wed, 18 Dec 2019 13:25:20 +0530 Wed, 18 Dec 2019 13:25:20 +0530 TaxTMI RSS Generator Dealers Cannot Claim Input Tax Credit on VAT Form 240 Without Required Return Submission, Must Follow Statutory Procedures. https://www.taxtmi.com/highlights?id=50757 Input tax credit - The registered dealers are not permitted to claim the input tax credit on the basis of the VAT Form 240 without filing the return. When the statutory provision mandates compliance in a particular manner, it should be done in that particular way alone not by any other method. Highlights VAT and Sales Tax Wed, 18 Dec 2019 13:25:20 +0530 https://www.taxtmi.com/highlights?id=50757