https://www.taxtmi.com/caselaws?id=270485 Input tax credit reversal under the amended Tamil Nadu VAT provision could not be applied to assessment year 2012-13, because the amended Section 19(2)(v) came into force only on 11.11.2013 and was not available for that earlier period. The assessment was also vulnerable because the dealer's reply was acknowledged but not considered before the order was passed, which breached the requirement of fair hearing. The assessment order was therefore set aside and the matter remitted for fresh consideration after giving due opportunity, with the ITC reversal issue to be decided again in accordance with law. en-us Mon, 21 Sep 2015 00:00:00 +0530 Thu, 07 Jan 2016 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270485 Input tax credit reversal under the amended Tamil Nadu VAT provision could not be applied to assessment year 2012-13, because the amended Section 19(2)(v) came into force only on 11.11.2013 and was not available for that earlier period. The assessment was also vulnerable because the dealer's reply was acknowledged but not considered before the order was passed, which breached the requirement of fair hearing. The assessment order was therefore set aside and the matter remitted for fresh consideration after giving due opportunity, with the ITC reversal issue to be decided again in accordance with law. Case-Laws VAT and Sales Tax Mon, 21 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270485