High Court of Karnataka Dismisses Revenue's Revision in KVAT Input Tax Credit Dispute — Assessee Entitled to ITC Despite Supplier's Default. Input Tax Credit cannot be denied to a bona fide purchaser merely because the selling dealer failed to discharge tax liability, as per Section 70(2) of the Karnataka Value Added Tax Act, 2003.
16 Jan 2025The State of Karnataka, represented by the Finance Department, filed a Sales Tax Revision Petition under Section 65(1) of the Karnataka Value Added Ta...
