Delhi HC shields bona fide purchasers from ITC denial due to seller’s tax default

In a significant judgment, the Delhi High Court addressed the issue of Input Tax Credit (ITC) denial to purchasers when selling dealers fail to deposit Value Added Tax (VAT) with the government. The case, Arun Jain (HUF) Vs Commissioner, closely examined Section 9(2)(g) of the Delhi Value Added Tax (DVAT) Act, which allowed authorities to initiate proceedings against both buyers and sellers for u

Please become a Premium member. If you are already a Premium member, login here to access the full content.