https://www.taxtmi.com/caselaws?id=393338 Input tax credit under the Tamil Nadu VAT Act was considered available for inputs used in manufacture or processing in the State, and the proviso to Section 19(2)(v), inserted on 08.11.2013, was read as applying only to dealers purchasing goods for inter-State trade under Section 8 of the CST Act. On that construction, the three per cent restriction was not intended for manufacturers whose credit arose from manufacturing inputs, and the later deletion of the proviso supported that interpretation. The reversal order was therefore treated as based on an incorrect application of the provision and was remanded for fresh consideration and a speaking order. en-us Thu, 23 Jan 2020 00:00:00 +0530 Fri, 13 Mar 2020 10:43:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393338 Input tax credit under the Tamil Nadu VAT Act was considered available for inputs used in manufacture or processing in the State, and the proviso to Section 19(2)(v), inserted on 08.11.2013, was read as applying only to dealers purchasing goods for inter-State trade under Section 8 of the CST Act. On that construction, the three per cent restriction was not intended for manufacturers whose credit arose from manufacturing inputs, and the later deletion of the proviso supported that interpretation. The reversal order was therefore treated as based on an incorrect application of the provision and was remanded for fresh consideration and a speaking order. Case-Laws VAT and Sales Tax Thu, 23 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393338