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2021 (7) TMI 126 - HC - VAT and Sales TaxValidity of assessment order - Reversal of Input tax credit - difference in purchase turnover to tax - TNVAT Act - HELD THAT:- Reliance placed in the case of M/S. CHAKARAVARTHY READYMADES VERSUS THE STATE TAX OFFICER, VANDAVASI, TIRUVANNAMALAI DISTRICT. [2019 (2) TMI 1447 - MADRAS HIGH COURT] where it was held that In the present case, the Department, does not dispute the position that the purchasers have duly produced the original invoices from the seller. In such a circumstance, no reversal is liable to be made, in the absence of any further condition imposed upon the dealer in this regard. The assessment will be re-done - petition allowed by way of remand.
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