https://www.taxtmi.com/caselaws?id=383599 Input tax credit mismatch under the Tamil Nadu VAT Act had to be dealt with in line with the JKM Graphics Solutions directions and Circular No. 3 of 2019, which required such mismatch issues to remain pending until an appropriate mechanism was evolved. The revised assessment, insofar as it treated the mismatch component as finally determined, was therefore not sustainable. It was set aside and remitted for fresh action, with a fresh notice to be issued and the assessment redone in accordance with law once the prescribed mechanism becomes available. en-us Tue, 23 Jul 2019 00:00:00 +0530 Sat, 27 Jul 2019 07:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383599 Input tax credit mismatch under the Tamil Nadu VAT Act had to be dealt with in line with the JKM Graphics Solutions directions and Circular No. 3 of 2019, which required such mismatch issues to remain pending until an appropriate mechanism was evolved. The revised assessment, insofar as it treated the mismatch component as finally determined, was therefore not sustainable. It was set aside and remitted for fresh action, with a fresh notice to be issued and the assessment redone in accordance with law once the prescribed mechanism becomes available. Case-Laws VAT and Sales Tax Tue, 23 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383599