https://www.taxtmi.com/caselaws?id=260379 The court ruled that input tax credit is not available for inter-State sales under the Tripura Value Added Tax (TVAT) Act, limiting the benefit to intra-State transactions and exports. State authorities were deemed to have jurisdiction to collect Central Sales Tax (CST) as goods movement originated from Tripura. Notices issued to the petitioner were found inadequate, leading to the setting aside of assessment orders for certain years. The imposed 150% penalty was reduced to 10% for all assessment years, with directions given for reassessment and document submission for specific years. en-us Fri, 12 Sep 2014 00:00:00 +0530 Mon, 27 Jul 2015 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260379 The court ruled that input tax credit is not available for inter-State sales under the Tripura Value Added Tax (TVAT) Act, limiting the benefit to intra-State transactions and exports. State authorities were deemed to have jurisdiction to collect Central Sales Tax (CST) as goods movement originated from Tripura. Notices issued to the petitioner were found inadequate, leading to the setting aside of assessment orders for certain years. The imposed 150% penalty was reduced to 10% for all assessment years, with directions given for reassessment and document submission for specific years. Case-Laws VAT and Sales Tax Fri, 12 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260379