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2023 (4) TMI 597 - MADRAS HIGH COURTValidity of assessment orders in respect of turnover from the manufacture of kraft paper - reversal of Input Tax Credit - basis for reversal was that sale of the goods to SEZ in other States are exempt from payment of tax and ITC is impermissible in terms of such exempted sales - HELD THAT:- The question of reversal of ITC in regard to supply made to SEZ was considered by a Division Bench of this Court in W.A.No.703 of 2020 & Batch in the case of M/S. CONSOLIDATED CONSTRUCTION CONSORTIUM LTD. VERSUS THE ASSISTANT COMMISSIONER (CT) [2023 (3) TMI 884 - MADRAS HIGH COURT]. In conclusion, the assessments have been remanded to the Assessing authority for fresh consideration. In light of the aforesaid order, the impugned assessment also stands remanded.
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