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2016 (8) TMI 477 - MADRAS HIGH COURTInput tax credit – transactions with registration cancelled dealers - effect of cancellation of registration certificate of the selling dealers on the purchasing dealers – Tamil Nadu Value Added Tax – principles of natural justice - Held that: - The retrospective cancellation of the registration certificates issued to the selling dealers cannot affect the right of the petitioners/assessees, who have paid the tax on the basis of the invoices and thereafter claimed the benefit under Section 19 of the TNVAT Act, 2006. At the time when the sale was made, the selling dealers had valid registration certificates and the subsequent cancellation cannot nullify the benefit that the petitioners/assessees availed based on valid documents – lots of confusion also existed on factual aspect – personal hearing granted – matter remanded – writ petition allowed.
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