One particular dealer purchases goods from supplier who in turn issues tax invoice charging tax ( both are registerd dealers under Karnataka Value Added Tax Act.2003). The purchasing dealer based on the said invoice claimed input tax credit. Later VAt authorities cross verified the purchase with the books of accout of supplier and found that the bill no. mentioned in bill issued to buyer differs with duplicate copy of bill lies with seller however amounts and qty supplied tallies. Can the VAT authorities disallow the inputax credit for buyer? pl calrify with any case law
With regards
VINAY G.H.
