https://www.taxtmi.com/caselaws?id=392745 Input tax credit under the Tamil Nadu Value Added Tax Act was held not to be denyable merely because manufactured goods were supplied to Special Economic Zone units under section 8(6) of the Central Sales Tax Act, since the restriction in section 19(5)(c) applied only to section 8(2) sales and no express disallowance covered these transactions. Such supplies were also not treated as exempt sales under section 15 or the Fourth Schedule, so reversal of credit was not attracted under section 19(5)(a), (b) or (c). The challenge to the notices therefore succeeded on merits to that extent, and the matter was remitted for fresh consideration in accordance with law. en-us Tue, 18 Feb 2020 00:00:00 +0530 Fri, 28 Feb 2020 08:18:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392745 Input tax credit under the Tamil Nadu Value Added Tax Act was held not to be denyable merely because manufactured goods were supplied to Special Economic Zone units under section 8(6) of the Central Sales Tax Act, since the restriction in section 19(5)(c) applied only to section 8(2) sales and no express disallowance covered these transactions. Such supplies were also not treated as exempt sales under section 15 or the Fourth Schedule, so reversal of credit was not attracted under section 19(5)(a), (b) or (c). The challenge to the notices therefore succeeded on merits to that extent, and the matter was remitted for fresh consideration in accordance with law. Case-Laws VAT and Sales Tax Tue, 18 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392745