https://www.taxtmi.com/caselaws?id=340079 Reversal of input tax credit could not be sustained where the notices only referred generally to discrepancies between Annexures I and II without furnishing item-wise particulars needed for an effective reply. The Court held that a meaningful opportunity to meet the proposed reversal was lacking, because the assessee was unable to place the relevant records before the authority before the orders were passed. The impugned orders were quashed and the matter was remitted for fresh consideration, with directions to issue notice, allow production of records, and, if discrepancies persisted, grant a personal hearing with departmental assistance for verification. en-us Wed, 18 Jan 2017 00:00:00 +0530 Tue, 14 Mar 2017 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340079 Reversal of input tax credit could not be sustained where the notices only referred generally to discrepancies between Annexures I and II without furnishing item-wise particulars needed for an effective reply. The Court held that a meaningful opportunity to meet the proposed reversal was lacking, because the assessee was unable to place the relevant records before the authority before the orders were passed. The impugned orders were quashed and the matter was remitted for fresh consideration, with directions to issue notice, allow production of records, and, if discrepancies persisted, grant a personal hearing with departmental assistance for verification. Case-Laws VAT and Sales Tax Wed, 18 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340079