https://www.taxtmi.com/caselaws?id=383598 Dispute over input tax credit on purchases from dealers whose registration certificates were later cancelled led the Madras High Court to treat the revised assessment under the Tamil Nadu Value Added Tax Act as a show cause notice rather than a final determination. Because the cancellation had retrospective effect but the petitioner still needed an opportunity to submit objections and purchase details, the matter was remitted for fresh consideration. The petitioner was directed to file objections along with 15% of the proposed tax, after which the respondent was to redo the revised assessment and pass a fresh order. en-us Tue, 23 Jul 2019 00:00:00 +0530 Sat, 27 Jul 2019 07:17:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383598 Dispute over input tax credit on purchases from dealers whose registration certificates were later cancelled led the Madras High Court to treat the revised assessment under the Tamil Nadu Value Added Tax Act as a show cause notice rather than a final determination. Because the cancellation had retrospective effect but the petitioner still needed an opportunity to submit objections and purchase details, the matter was remitted for fresh consideration. The petitioner was directed to file objections along with 15% of the proposed tax, after which the respondent was to redo the revised assessment and pass a fresh order. Case-Laws VAT and Sales Tax Tue, 23 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383598