https://www.taxtmi.com/caselaws?id=258070 Input tax credit must be reversed where goods on which credit was taken are not sold because of shortage or loss, as Section 19(9)(i) of the Tamil Nadu Value Added Tax Act, 2006 bars credit in cases of theft, loss or destruction and requires reversal if credit was already availed. The reference to Section 19(9)(ii), which concerns destroyed inputs in manufacture, did not alter the position because the factual basis for reversal was established under Section 19(9)(i). The reversal was therefore upheld and the revisions failed. en-us Wed, 19 Nov 2014 00:00:00 +0530 Tue, 08 Mar 2016 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258070 Input tax credit must be reversed where goods on which credit was taken are not sold because of shortage or loss, as Section 19(9)(i) of the Tamil Nadu Value Added Tax Act, 2006 bars credit in cases of theft, loss or destruction and requires reversal if credit was already availed. The reference to Section 19(9)(ii), which concerns destroyed inputs in manufacture, did not alter the position because the factual basis for reversal was established under Section 19(9)(i). The reversal was therefore upheld and the revisions failed. Case-Laws VAT and Sales Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258070