This tax dispute primarily concerns the failure of the vendors to remit taxes to the government, in addition to other issues related to credit availment and utilisation.
According to experts, a key question arising from this situation is whether tax liability can be imposed on the service recipients, especially when they are not at fault. The ongoing investigations highlight the complexities surrounding tax compliance and the responsibilities of all parties involved in the supply chain.
This story is from the August 26, 2024 edition of The Morning Standard.
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This story is from the August 26, 2024 edition of The Morning Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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