https://www.taxtmi.com/caselaws?id=394234 The appeal challenging the order allowing input tax credit to the purchaser under the Tamil Nadu Value Added Tax (TNVAT) Act, 2006 was dismissed. The Court upheld the decision that the purchasing dealer is entitled to claim input tax credit if they prove payment of due tax to the selling dealer. The judgment emphasized the importance of complying with the relevant provisions of the Act and clarified the responsibilities of purchasing and selling dealers in tax transactions. The authority's right to proceed against the selling dealer for tax recovery was affirmed, ensuring tax system integrity and compliance. en-us Wed, 04 Mar 2020 00:00:00 +0530 Sat, 27 Feb 2021 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394234 The appeal challenging the order allowing input tax credit to the purchaser under the Tamil Nadu Value Added Tax (TNVAT) Act, 2006 was dismissed. The Court upheld the decision that the purchasing dealer is entitled to claim input tax credit if they prove payment of due tax to the selling dealer. The judgment emphasized the importance of complying with the relevant provisions of the Act and clarified the responsibilities of purchasing and selling dealers in tax transactions. The authority's right to proceed against the selling dealer for tax recovery was affirmed, ensuring tax system integrity and compliance. Case-Laws VAT and Sales Tax Wed, 04 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394234