https://www.taxtmi.com/caselaws?id=250072 The Madras High Court ruled in favor of the petitioner, holding that denying input-tax credit due to the retrospective cancellation of registration certificates is unjustified. The court emphasized that benefits obtained by the petitioner based on valid documents during transactions cannot be denied. Citing previous Supreme Court decisions, the court set aside notices and assessment orders seeking to revoke input-tax credit. The writ petitions were allowed without costs, with the Additional Government Pleader concurring with the court's decision, resulting in the closure of related miscellaneous petitions. en-us Fri, 20 Jun 2014 00:00:00 +0530 Fri, 01 Aug 2014 19:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250072 The Madras High Court ruled in favor of the petitioner, holding that denying input-tax credit due to the retrospective cancellation of registration certificates is unjustified. The court emphasized that benefits obtained by the petitioner based on valid documents during transactions cannot be denied. Citing previous Supreme Court decisions, the court set aside notices and assessment orders seeking to revoke input-tax credit. The writ petitions were allowed without costs, with the Additional Government Pleader concurring with the court's decision, resulting in the closure of related miscellaneous petitions. Case-Laws VAT and Sales Tax Fri, 20 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250072