https://www.taxtmi.com/caselaws?id=448314 Assessments for the relevant years were held unsustainable because the turnover computation did not clearly correlate sales under the CST and TNVAT regimes. The document notes that export turnover is zero-rated, inter-State sales fall outside TNVAT levy, and disputed transactions must be assessed under the proper statutory machinery only after a clear, intelligible tabulation of demand. Because the assessment orders lacked coherent reasoning and worked figures, they were quashed and remitted for fresh determination after hearing the assessee. The subsidy amount appropriated against the disputed demand was directed to be returned only if the assessee succeeds in the remand proceedings, making the refund contingent on the reassessment outcome. en-us Wed, 03 Jan 2024 00:00:00 +0530 Wed, 17 Jan 2024 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448314 Assessments for the relevant years were held unsustainable because the turnover computation did not clearly correlate sales under the CST and TNVAT regimes. The document notes that export turnover is zero-rated, inter-State sales fall outside TNVAT levy, and disputed transactions must be assessed under the proper statutory machinery only after a clear, intelligible tabulation of demand. Because the assessment orders lacked coherent reasoning and worked figures, they were quashed and remitted for fresh determination after hearing the assessee. The subsidy amount appropriated against the disputed demand was directed to be returned only if the assessee succeeds in the remand proceedings, making the refund contingent on the reassessment outcome. Case-Laws VAT and Sales Tax Wed, 03 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448314