Purchase Tax Not Attributable to Buyer Where Vendor is Taxable but did not pay the tax

Purchase Tax Not Attributable to Buyer Where Vendor is Taxable but did not pay the tax https://www.taxtmi.com/article/detailed?id=15727 The core legal principle is that Section 7A is a separate charging provision applicable only where goods are purchased "in circumstances in which no tax is payable"; tax payable by a vendor but not remitted by the vendor does not convert the transaction into one attracting purchase tax, and revenue should proceed against the defaulting seller rather than impose liability on a bona fide purchaser. en-us Wed, 14 Jan 2026 10:35:04 +0530 Wed, 14 Jan 2026 10:35:04 +0530 TaxTMI RSS Generator Purchase Tax Not Attributable to Buyer Where Vendor is Taxable but did not pay the tax https://www.taxtmi.com/article/detailed?id=15727 The core legal principle is that Section 7A is a separate charging provision applicable only where goods are purchased "in circumstances in which no tax is payable"; tax payable by a vendor but not remitted by the vendor does not convert the transaction into one attracting purchase tax, and revenue should proceed against the defaulting seller rather than impose liability on a bona fide purchaser. Articles Value Added Tax - VAT and CST Wed, 14 Jan 2026 10:35:04 +0530 https://www.taxtmi.com/article/detailed?id=15727