https://www.taxtmi.com/caselaws?id=354778 Input Tax Credit under the Tamil Nadu VAT Act was held to be available where the purchasing dealer produced the prescribed tax invoices and showed that the supplier was a registered dealer during the relevant period. The record did not show that the seller was fictitious, non-existent, or issuing false invoices, so the purchaser's burden stood discharged. The Revenue could not reverse credit or impose penalty merely because it had not proceeded against the vendor. The appellate order setting aside the assessment was therefore upheld, and no ground for judicial interference was found. en-us Thu, 21 Dec 2017 00:00:00 +0530 Mon, 05 Feb 2018 07:05:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354778 Input Tax Credit under the Tamil Nadu VAT Act was held to be available where the purchasing dealer produced the prescribed tax invoices and showed that the supplier was a registered dealer during the relevant period. The record did not show that the seller was fictitious, non-existent, or issuing false invoices, so the purchaser's burden stood discharged. The Revenue could not reverse credit or impose penalty merely because it had not proceeded against the vendor. The appellate order setting aside the assessment was therefore upheld, and no ground for judicial interference was found. Case-Laws VAT and Sales Tax Thu, 21 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354778