https://www.taxtmi.com/caselaws?id=356457 Excess input tax credit under the Tamil Nadu Value Added Tax Act, 2006 was held adjustable against outstanding Central Sales Tax liability because section 19(17) was read broadly to cover "any outstanding tax due" for that purpose. The earlier ruling on adjustment of excess credit against tax dues was treated as binding ratio, especially since it had not been challenged by the Department. On that footing, the taxpayer was entitled to set off the excess credit against CST liability, and the assessment orders could not stand. en-us Thu, 01 Feb 2018 00:00:00 +0530 Wed, 07 Mar 2018 07:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356457 Excess input tax credit under the Tamil Nadu Value Added Tax Act, 2006 was held adjustable against outstanding Central Sales Tax liability because section 19(17) was read broadly to cover "any outstanding tax due" for that purpose. The earlier ruling on adjustment of excess credit against tax dues was treated as binding ratio, especially since it had not been challenged by the Department. On that footing, the taxpayer was entitled to set off the excess credit against CST liability, and the assessment orders could not stand. Case-Laws VAT and Sales Tax Thu, 01 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356457