https://www.taxtmi.com/caselaws?id=164229 Transitional input tax credit on stock held on repeal of the earlier sales tax law could not be denied merely as time-barred where the prescribed form and rules were notified only after the appointed day. The Court applied a purposive construction to the filing requirement, holding that the transitional mechanism must remain workable and cannot demand performance of an impossible act. This approach was tied to the legislative object of avoiding double taxation on goods already taxed under the repealed regime. The authorities' restrictive limitation view was unsustainable, the appeals were allowed, and the impugned orders were set aside. en-us Sat, 05 Sep 2009 00:00:00 +0530 Sat, 01 Nov 2014 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164229 Transitional input tax credit on stock held on repeal of the earlier sales tax law could not be denied merely as time-barred where the prescribed form and rules were notified only after the appointed day. The Court applied a purposive construction to the filing requirement, holding that the transitional mechanism must remain workable and cannot demand performance of an impossible act. This approach was tied to the legislative object of avoiding double taxation on goods already taxed under the repealed regime. The authorities' restrictive limitation view was unsustainable, the appeals were allowed, and the impugned orders were set aside. Case-Laws VAT and Sales Tax Sat, 05 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164229