https://www.taxtmi.com/caselaws?id=413429 The proviso to the input tax credit provision under the Tamil Nadu Value Added Tax Act was construed as applying to the category of inter-State sales, not to manufacturers or dealers using purchased goods as inputs in manufacturing or processing. Full input tax credit on tax suffered inputs was therefore treated as available to assessees in that category, and any attempt to reduce credit by extending the proviso to them was unsustainable. The challenged assessment orders were consequently regarded as liable to be set aside. en-us Thu, 16 Sep 2021 00:00:00 +0530 Wed, 02 Mar 2022 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413429 The proviso to the input tax credit provision under the Tamil Nadu Value Added Tax Act was construed as applying to the category of inter-State sales, not to manufacturers or dealers using purchased goods as inputs in manufacturing or processing. Full input tax credit on tax suffered inputs was therefore treated as available to assessees in that category, and any attempt to reduce credit by extending the proviso to them was unsustainable. The challenged assessment orders were consequently regarded as liable to be set aside. Case-Laws VAT and Sales Tax Thu, 16 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413429