Assessing Authority Empowered under DVAT Act to verify ITC claims: Delhi HC

Chitra Hardware Vs Commissioner of VAT & ANR (Delhi High Court) Introduction: In a notable verdict, the Delhi High Court dismissed an appeal by Chitra Hardware against the Commissioner of VAT & ANR, reinforcing the power of the Assessing Authority under the Delhi Value Added Tax (DVAT) Act to call for records and verify Input Tax Credit (ITC) claims. Analysis: The case originated from the Assessing Authority’s refusal to refund Chitra Hardware’s ITC claim due to insufficient documentary evidence validating its genuineness. The Authority, in its assessment, argued that the a...