2015 (3) TMI 1216

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..... has come forward with this writ petition challenging the proceedings dated 12.01.2015 issued by the respondent and to quash the same. 2. The short point raised by the petitioner in the writ petition is that the impugned proceedings was passed cancelling the petitioner registration certificate with retrospective effect. This fact has been admitted by the respondent. 3. Learned counsel for the pet .....

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..... ere validly passed. There was no cancellation of the registration certificates of the selling dealers at that point of time. The petitioners/assessees have paid input tax based on the invoices issued by registered selling dealers and availed of input-tax credit. The retrospective cancellation of the registration certificates issued to the sellling dealers cannot affect the right of the petitioners .....

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..... ed on valid documents in the course of sale and purchase of goods, for which tax has been paid cannot be declined. The transaction that took place when the registration certificates of the selling dealer were in force cannot be denied to the petitioners/assessees on the above plea. This is contrary to the law laid down by the Supreme Court in the above stated case." The above said judgment is squ .....

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