ITC cannot be denied despite non-deposit of VAT by selling dealer: Rajasthan HC

Assistant Commissioner, Commercial Taxes Department Vs Asha Oil Traders A-11 (Rajasthan High Court) Issues Raised Whether in the facts and circumstances of the case the Rajasthan Tax Board was justified in law in holding that the respondent cannot be hold responsible for the amount not deposited by the selling dealer and allowed the benefit of Input Tax Credit which ultimately will amount to double jeopardy to the State as the selling dealer has not deposited the tax whereas subsequent dealer has claimed benefit of Input Tax Credit. Whether in the facts and circumstances of the case the Rajast...