https://www.taxtmi.com/caselaws?id=287575 Input tax credit under the Rajasthan VAT regime cannot be denied to a bona fide purchasing dealer merely because the selling dealer failed to deposit the collected tax. Where the purchaser bought from a registered dealer, retained invoices and filed prescribed returns, its own statutory compliance was sufficient, and the burden of proving the seller's treasury deposit could not be shifted to it. Rule 18 was read down to the extent it made credit contingent on verification of the seller's actual tax deposit, so credit remains available on satisfaction of the purchaser's own statutory conditions. en-us Wed, 11 Apr 2018 00:00:00 +0530 Mon, 20 Apr 2020 12:22:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287575 Input tax credit under the Rajasthan VAT regime cannot be denied to a bona fide purchasing dealer merely because the selling dealer failed to deposit the collected tax. Where the purchaser bought from a registered dealer, retained invoices and filed prescribed returns, its own statutory compliance was sufficient, and the burden of proving the seller's treasury deposit could not be shifted to it. Rule 18 was read down to the extent it made credit contingent on verification of the seller's actual tax deposit, so credit remains available on satisfaction of the purchaser's own statutory conditions. Case-Laws VAT and Sales Tax Wed, 11 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287575