https://www.taxtmi.com/article/detailed?id=6180 The budget withdraws the proviso imposing an Input Tax Credit reversal on inter state sales and eliminates clause (c) of section 19(5) of the TNVAT Act, permitting dealers to claim Input Tax Credit on inter state sales without a 'C' form; these measures take effect from 01.04.2015 under Act 5/2015. The withdrawal is intended to relieve manufacturing industries and dealers engaged in stock transfers and interstate sales. en-us Mon, 30 Mar 2015 14:19:04 +0530 Mon, 30 Mar 2015 14:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6180 The budget withdraws the proviso imposing an Input Tax Credit reversal on inter state sales and eliminates clause (c) of section 19(5) of the TNVAT Act, permitting dealers to claim Input Tax Credit on inter state sales without a 'C' form; these measures take effect from 01.04.2015 under Act 5/2015. The withdrawal is intended to relieve manufacturing industries and dealers engaged in stock transfers and interstate sales. Articles Value Added Tax - VAT and CST Mon, 30 Mar 2015 14:19:04 +0530 https://www.taxtmi.com/article/detailed?id=6180