https://www.taxtmi.com/caselaws?id=411739 Input tax credit under the Tamil Nadu VAT Act cannot be denied merely because goods purchased within the State are sent outside the State for job work and the processed goods are later brought back and sold within Tamil Nadu; the text states that this approach was held unsustainable in light of an earlier Division Bench ruling. It also states that mismatch-based reversal of credit requires fresh consideration, with the dealer given an opportunity to produce original invoices and explain the discrepancy before any adverse action is taken. The assessment was therefore set aside for reconsideration and fresh adjudication after due hearing. en-us Tue, 17 Aug 2021 00:00:00 +0530 Wed, 01 Sep 2021 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411739 Input tax credit under the Tamil Nadu VAT Act cannot be denied merely because goods purchased within the State are sent outside the State for job work and the processed goods are later brought back and sold within Tamil Nadu; the text states that this approach was held unsustainable in light of an earlier Division Bench ruling. It also states that mismatch-based reversal of credit requires fresh consideration, with the dealer given an opportunity to produce original invoices and explain the discrepancy before any adverse action is taken. The assessment was therefore set aside for reconsideration and fresh adjudication after due hearing. Case-Laws VAT and Sales Tax Tue, 17 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411739