https://www.taxtmi.com/caselaws?id=288702 Madras HC set aside revised assessment orders under the Tamil Nadu Value Added Tax Act, 2006 because the Assessing Authority did not follow the mandated procedure for mismatch cases. The additions based on input tax credit claims and purchase mismatches were sustained on inspection data without first carrying out the required verification and correlation exercise under the binding mechanism. The Court treated that non-compliance as fatal to the assessments and directed that the matters be reassessed afresh after the new methodology or module was put in place. en-us Thu, 20 Jun 2019 00:00:00 +0530 Wed, 19 Aug 2020 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288702 Madras HC set aside revised assessment orders under the Tamil Nadu Value Added Tax Act, 2006 because the Assessing Authority did not follow the mandated procedure for mismatch cases. The additions based on input tax credit claims and purchase mismatches were sustained on inspection data without first carrying out the required verification and correlation exercise under the binding mechanism. The Court treated that non-compliance as fatal to the assessments and directed that the matters be reassessed afresh after the new methodology or module was put in place. Case-Laws VAT and Sales Tax Thu, 20 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288702