Petitioner Violated Rule 38 on Input Tax Credit; Cash Transactions Without Invoices Bar Challenge u/s 84 of 2003 Act.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Input Tax Credit - petitioner has not fully complied with the requirements of Sub-Rule (1) and Sub-Rule (2) of Rule 38 of the Rules of 2006. - It is petitioner’s own admission and undisputed fact that various cash transactions were made and the authorities found that invoices in respect of various transactions were not issued - there are no ground to interfere with the impugned order in exercise of our revisional jurisdiction under Section 84 of the Act of 2003. - HC....