https://www.taxtmi.com/caselaws?id=164658 Transitional input tax credit under the Punjab VAT regime had to be claimed by filing the prescribed statement within a workable period, and the limitation was construed purposively to preserve the benefit on tax-paid stock held on the appointed day. Rule 25(1)(b) was read with the transitional scheme and the continuity of registration under section 21 so that compliance would not require an impossible act before the rules were published. The filing period was therefore counted from the date of publication of the VAT Rules rather than rigidly from the appointed day, and the dealer's claims were upheld while the contrary revenue view was rejected. en-us Mon, 25 May 2009 00:00:00 +0530 Sat, 08 Nov 2014 20:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164658 Transitional input tax credit under the Punjab VAT regime had to be claimed by filing the prescribed statement within a workable period, and the limitation was construed purposively to preserve the benefit on tax-paid stock held on the appointed day. Rule 25(1)(b) was read with the transitional scheme and the continuity of registration under section 21 so that compliance would not require an impossible act before the rules were published. The filing period was therefore counted from the date of publication of the VAT Rules rather than rigidly from the appointed day, and the dealer's claims were upheld while the contrary revenue view was rejected. Case-Laws VAT and Sales Tax Mon, 25 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164658