https://www.taxtmi.com/caselaws?id=183928 Revisional power under the Gujarat Value Added Tax Act was confined to the assessment record, so revision based on material outside that record was without jurisdiction and invalid. Input tax credit could not be denied merely because the selling dealer's registration was retrospectively cancelled; in the absence of publication of the cancellation and without recorded findings that the purchases were bogus or non-genuine, the disallowance could not stand. The assessee's entitlement to input tax credit was upheld, and the additional tax and interest confirmed in revision were set aside. en-us Thu, 05 May 2016 00:00:00 +0530 Wed, 18 Jan 2017 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183928 Revisional power under the Gujarat Value Added Tax Act was confined to the assessment record, so revision based on material outside that record was without jurisdiction and invalid. Input tax credit could not be denied merely because the selling dealer's registration was retrospectively cancelled; in the absence of publication of the cancellation and without recorded findings that the purchases were bogus or non-genuine, the disallowance could not stand. The assessee's entitlement to input tax credit was upheld, and the additional tax and interest confirmed in revision were set aside. Case-Laws VAT and Sales Tax Thu, 05 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183928