https://www.taxtmi.com/caselaws?id=418050 The Rajasthan High Court dismissed the revision petition challenging the Rajasthan Tax Board's decision to set aside tax, interest, and penalty. The court upheld the denial of Input Tax Credit claimed on false/forged VAT invoices, emphasizing the need for verification of tax payments by selling dealers. The respondent's exoneration from liability for the selling dealer's unpaid amount was questioned, highlighting potential double jeopardy for the State. The court reiterated previous rulings and found no substantial legal issue justifying reconsideration, leading to the dismissal of the petition. en-us Wed, 12 Jan 2022 00:00:00 +0530 Tue, 13 Sep 2022 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418050 The Rajasthan High Court dismissed the revision petition challenging the Rajasthan Tax Board's decision to set aside tax, interest, and penalty. The court upheld the denial of Input Tax Credit claimed on false/forged VAT invoices, emphasizing the need for verification of tax payments by selling dealers. The respondent's exoneration from liability for the selling dealer's unpaid amount was questioned, highlighting potential double jeopardy for the State. The court reiterated previous rulings and found no substantial legal issue justifying reconsideration, leading to the dismissal of the petition. Case-Laws VAT and Sales Tax Wed, 12 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418050