VATupdate

Share this post on

Reasoned order to be passed against the accused taxpayer involved in passing on fake ITC without actual movements of goods

The Hon’ble Gauhati High Court in Krit Kunal Dhawan v. State of Assam and Ors. [WP(C)/5642/2021, dated October 29, 2021] held that in a case where assessee is accused of passing on fake Input Tax Credit (“ITC”) without actual moment of goods, a reasoned order must be passed by Joint Commissioner of State Tax, after acknowledging all the relevant material and contentions that the assessee may produce to satisfy the authorities.

Source: a2ztaxcorp.com

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com