https://www.taxtmi.com/caselaws?id=163654 A circular directing denial of set-off on purchases from named dealers merely because the sellers' returns did not reflect corresponding sales was held invalid. The Court reasoned that entitlement to set-off depended on the statutory scheme governing taxable turnover and tax-paid goods, including purchases from registered dealers and prescribed conditions, and could not be overridden by administrative direction. A direction under rule 3(5) of the Madhya Pradesh Vanijyik Kar Niyam, 1995 could not control or pre-empt the independent quasi-judicial assessment of statutory entitlement. The circular therefore transgressed the limits of administrative power, was beyond the rules, and was quashed. en-us Fri, 27 Apr 2007 00:00:00 +0530 Mon, 07 Apr 2014 10:31:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163654 A circular directing denial of set-off on purchases from named dealers merely because the sellers' returns did not reflect corresponding sales was held invalid. The Court reasoned that entitlement to set-off depended on the statutory scheme governing taxable turnover and tax-paid goods, including purchases from registered dealers and prescribed conditions, and could not be overridden by administrative direction. A direction under rule 3(5) of the Madhya Pradesh Vanijyik Kar Niyam, 1995 could not control or pre-empt the independent quasi-judicial assessment of statutory entitlement. The circular therefore transgressed the limits of administrative power, was beyond the rules, and was quashed. Case-Laws VAT and Sales Tax Fri, 27 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163654