https://www.taxtmi.com/caselaws?id=765926 A purchasing dealer claiming input tax credit under the KVAT regime bears the burden of proving the genuineness of the purchase transactions and the physical movement of goods with cogent evidence. Tax invoices, cheque payments and account records are not enough where surrounding circumstances create doubt, including missing transport particulars, doubtful vehicle details, inability to produce sellers, and non-remittance of tax by the selling dealers. In such a case, documentary form does not establish actual transactions, so input tax credit is disallowed. Once that disallowance stands, deletion of consequential penalty under Section 70(2)(a) cannot survive and the penalty component is restored. en-us Thu, 16 Jan 2025 00:00:00 +0530 Thu, 13 Feb 2025 08:36:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765926 A purchasing dealer claiming input tax credit under the KVAT regime bears the burden of proving the genuineness of the purchase transactions and the physical movement of goods with cogent evidence. Tax invoices, cheque payments and account records are not enough where surrounding circumstances create doubt, including missing transport particulars, doubtful vehicle details, inability to produce sellers, and non-remittance of tax by the selling dealers. In such a case, documentary form does not establish actual transactions, so input tax credit is disallowed. Once that disallowance stands, deletion of consequential penalty under Section 70(2)(a) cannot survive and the penalty component is restored. Case-Laws VAT / Sales Tax Thu, 16 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765926