https://www.taxtmi.com/caselaws?id=432547 Section 19(5)(a) of the Tamil Nadu VAT Act could not be used to reverse input tax credit where the furnace oil exemption operated through notifications directed at specified taxable events and purchasing dealers, and the notifications did not expressly require reversal by the selling dealer. The Court also held that Section 84 rectification is confined to mistakes apparent on the record and cannot be used to reopen a contested legal interpretation; the reassessment/rectification proceedings were therefore unsustainable. The impugned orders reversing input tax credit were quashed. en-us Wed, 04 Jan 2023 00:00:00 +0530 Tue, 05 Sep 2023 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432547 Section 19(5)(a) of the Tamil Nadu VAT Act could not be used to reverse input tax credit where the furnace oil exemption operated through notifications directed at specified taxable events and purchasing dealers, and the notifications did not expressly require reversal by the selling dealer. The Court also held that Section 84 rectification is confined to mistakes apparent on the record and cannot be used to reopen a contested legal interpretation; the reassessment/rectification proceedings were therefore unsustainable. The impugned orders reversing input tax credit were quashed. Case-Laws VAT and Sales Tax Wed, 04 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432547