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2014 (9) TMI 921 - HC - VAT and Sales TaxCancellation of registration - Denial of credit of input tax - Tax Invoice, 9R's and gate passes issued by M/s Heena Timbers were not accepted - assessment of tax was thereafter made on the basis of best judgment assessment - Held that:- There is no finding recorded by the Tribunal that the Tax invoices for claiming benefit of input tax credit was not genuine and in the absence of such an exercise no liability to tax or penalty could have been imposed against the revisionist-Firm. - order of the Tribunal is absolutely illegal and arbitrary and is accordingly set aside and the matter is remitted to the Tribunal - Decided in favour of assessee.
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