https://www.taxtmi.com/caselaws?id=436467 A revisional order under section 25 of the Maharashtra Value Added Tax Act could not stand because it was non-speaking, relied only on an internal circular, and failed to consider the taxpayer's claim to carry forward transitional credit on the basis of the revised return. A revisional order affecting taxpayer rights must disclose the reasons for exercise of power and address the statutory entitlement raised before the authority. The High Court therefore set aside the order and left the respondents free to proceed afresh in accordance with law after issuing notice and passing a reasoned order. en-us Wed, 05 Apr 2023 00:00:00 +0530 Wed, 16 Apr 2025 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436467 A revisional order under section 25 of the Maharashtra Value Added Tax Act could not stand because it was non-speaking, relied only on an internal circular, and failed to consider the taxpayer's claim to carry forward transitional credit on the basis of the revised return. A revisional order affecting taxpayer rights must disclose the reasons for exercise of power and address the statutory entitlement raised before the authority. The High Court therefore set aside the order and left the respondents free to proceed afresh in accordance with law after issuing notice and passing a reasoned order. Case-Laws GST Wed, 05 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436467