https://www.taxtmi.com/caselaws?id=349102 The proviso to Section 19(2)(v) of the Tamil Nadu VAT Act was read as limiting input tax credit only for goods used in inter-State sales covered by Section 8(1) of the CST Act, and not for the other purposes listed in Section 19(2). On that construction, reversal of input tax credit could not be sustained on the broader basis adopted in the impugned assessments. The earlier decision on the same proviso was treated as binding in the absence of any stay. The assessments were therefore required to be redone after notice, hearing and proper consideration of the objections. en-us Thu, 17 Aug 2017 00:00:00 +0530 Sat, 07 Oct 2017 08:54:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349102 The proviso to Section 19(2)(v) of the Tamil Nadu VAT Act was read as limiting input tax credit only for goods used in inter-State sales covered by Section 8(1) of the CST Act, and not for the other purposes listed in Section 19(2). On that construction, reversal of input tax credit could not be sustained on the broader basis adopted in the impugned assessments. The earlier decision on the same proviso was treated as binding in the absence of any stay. The assessments were therefore required to be redone after notice, hearing and proper consideration of the objections. Case-Laws VAT and Sales Tax Thu, 17 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349102