https://www.taxtmi.com/caselaws?id=417341 An assessment for alleged Input Tax Credit mismatch under the Tamil Nadu Value Added Tax Act could not be sustained because the departmental circular prescribing the reconciliation procedure had not been followed. The court held that, in such mismatch cases, the assessee must be given the invoice particulars relied upon, allowed to submit a fresh reply, and have the matter decided by a reasoned order. The assessment was quashed and the matter remitted for fresh disposal in accordance with the circular and guidelines. en-us Mon, 13 Dec 2021 00:00:00 +0530 Fri, 21 Jan 2022 08:50:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417341 An assessment for alleged Input Tax Credit mismatch under the Tamil Nadu Value Added Tax Act could not be sustained because the departmental circular prescribing the reconciliation procedure had not been followed. The court held that, in such mismatch cases, the assessee must be given the invoice particulars relied upon, allowed to submit a fresh reply, and have the matter decided by a reasoned order. The assessment was quashed and the matter remitted for fresh disposal in accordance with the circular and guidelines. Case-Laws VAT and Sales Tax Mon, 13 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417341