https://www.taxtmi.com/caselaws?id=354171 Input tax credit under the Tamil Nadu Value Added Tax framework cannot be denied mechanically where the assessing authority ignores binding precedent and fails to grant a meaningful personal hearing. The court noted that the authority should have applied the settled position in prior decisions and allowed the taxpayer to explain the factual position and produce supporting records before finalising the assessment. The impugned assessment was therefore unsustainable, set aside, and remitted for fresh consideration in accordance with law after personal hearing and consideration of the relevant material. en-us Mon, 27 Nov 2017 00:00:00 +0530 Mon, 19 Mar 2018 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354171 Input tax credit under the Tamil Nadu Value Added Tax framework cannot be denied mechanically where the assessing authority ignores binding precedent and fails to grant a meaningful personal hearing. The court noted that the authority should have applied the settled position in prior decisions and allowed the taxpayer to explain the factual position and produce supporting records before finalising the assessment. The impugned assessment was therefore unsustainable, set aside, and remitted for fresh consideration in accordance with law after personal hearing and consideration of the relevant material. Case-Laws VAT and Sales Tax Mon, 27 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354171