https://www.taxtmi.com/caselaws?id=329683 An assessment reversing input tax credit and imposing penalty was set aside because the matter had been decided without granting the petitioner a personal hearing, despite a specific request in the objections. The High Court held that the assessing authority must reconsider the relevant records and documents, including whether the sales qualified as the last sale preceding export under section 5(3) of the Central Sales Tax Act, 1956. The matter was remanded for fresh consideration, with directions to afford a personal hearing and pass a speaking order on the justification for reversal of input tax credit. en-us Tue, 07 Jun 2016 00:00:00 +0530 Thu, 07 Jul 2016 12:39:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329683 An assessment reversing input tax credit and imposing penalty was set aside because the matter had been decided without granting the petitioner a personal hearing, despite a specific request in the objections. The High Court held that the assessing authority must reconsider the relevant records and documents, including whether the sales qualified as the last sale preceding export under section 5(3) of the Central Sales Tax Act, 1956. The matter was remanded for fresh consideration, with directions to afford a personal hearing and pass a speaking order on the justification for reversal of input tax credit. Case-Laws VAT and Sales Tax Tue, 07 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329683