TNVAT: No action against Buyer for Default of Seller

Infiniti Wholesale Limited Vs Assistant Commissioner (CT) (Madras High Court) Asstt Commissioner (CT) v. Infiniti Wholesale Ltd. [2017] 77 taxmann.com 372 (Mad.) – The Hon’ble High Court of Madras held that if the sales are not disclosed by a seller either in the monthly returns or the tax collected from the dealer is not made over to the Department by such seller, the action lies against the defaulting seller and not against the buyer FULL TEXT OF THE JUDGMENT/ORDER OF MADRAS HIGH COURT The petitioner, a Public Limited Company, incorporated under the Indian Companies Act, 1956, a...