TMI Blog2015 (3) TMI 1216X X X X Extracts X X X X X X X X Extracts X X X X ..... ed upon. Direction to activate the registration certificate within a week - writ petition allowed - decided in favor of petitioner. - W.P.No. 5173 of 2015 - - - Dated:- 3-3-2015 - MR. S.VAIDYANATHAN J. For Petitioner: Mr. S. Raveekumar For Respondent: Mr. Manoharan Sundaram, AGP (T) ORDER The petitioner has come forward with this writ petition challenging the proceedings d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... effect. Insofar as the petitioners are concerned, they have purchased the taxable goods from registered dealers who had valid registration certificates; paid the tax payable thereon; availed of input-tax credit; and the assessing officers have passed orders granting such benefit. Therefore, the assessment orders granting input-tax credit were validly passed. There was no cancellation of the regist ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... case, it is not in dispute that the registration certificates of the selling dealers have been cancelled with retrospective effect and, therefore, to reverse the input-tax credit on the plea that registration certificates have been cancelled with retrospective effect cannot be countenanced. Whatever benefits that has accrued to the petitioners based on valid documents in the course of sale and pur ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
