Input tax credit is inadmissible if supplier fails to remit tax and recipient fails to prove physical movement.
Input tax credit is inadmissible if supplier fails to remit tax and recipient fails to prove physical movement. Issue Whether an assessee is entitled to Input Tax Credit (ITC) under Section 16(2)(c) when the supplier fails to actually remit the tax to the Government, despite the recipient having paid the supplier. Whether the burden of… Read More »