TMI Blog2019 (8) TMI 1886X X X X Extracts X X X X X X X X Extracts X X X X ..... petitioners had effected inter-state sale of goods without 'C' Form Declarations - second revision notice - first revision notice already dropped - HELD THAT:- Having dropped the first proposal, there is clearly no justification for issuance of the second revision notice wherein the respondent has simply sought wide ranging particulars from the petitioners. It appears that what the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed on 23.12.2015, 29.12.2015 and 23.12.2015 proposing the reversal of ITC in terms of Section 19(5)(c) of the Act on the ground that the petitioners had effected inter-state sale of goods without 'C' Form Declarations to the tune of Rs. 3,52,800/-, 3,06,050/- and Rs. 29,96,100/-. 3. The petitioners replied on 05.01.2016 stating that the entire purchases had been imported and had been so ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... interstate trade or commence felling under sub-Section (2) of Section 8 of the CST Act, 1956. Accordingly a notice was issued to the dealers in the reference 2nd cited by proposing reversal of Input Tax Credit of Rs. 40,546/- under Section 19(5)(C) of TNVAT Act, 2006. On receipt of the notice the dealers have filed a letter of objections in the reference 3rd cited in which they have stated tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... der. Hence the reversal of Input Tax Credit under Section 19(5)(c) does not arise. In the circumstances, the reversal of Input Tax Credit proposed in the notice is hereby dropped.' 4. Thereafter, notices have been issued once again on 26.02.2016 again seeking various particulars such as opening balance, purchase effects during the year and details of closing stock. 5. Having dropped t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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