https://www.taxtmi.com/caselaws?id=762882 The Madras HC set aside an order reversing input tax credit following cancellation of registration. The court applied the precedent from Sahyadri Industries Ltd., holding that registered dealers claiming input tax credit must prove actual sale transactions occurred and produce collateral evidence including transport documents like lorry receipts or consignment notes. The matter was remitted to the Assessing Officer, allowing the respondent to produce all documents and file detailed submissions to prior notices under Section 17(2) of the T.N. VAT Act, 2006. en-us Mon, 18 Nov 2024 00:00:00 +0530 Mon, 09 Dec 2024 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762882 The Madras HC set aside an order reversing input tax credit following cancellation of registration. The court applied the precedent from Sahyadri Industries Ltd., holding that registered dealers claiming input tax credit must prove actual sale transactions occurred and produce collateral evidence including transport documents like lorry receipts or consignment notes. The matter was remitted to the Assessing Officer, allowing the respondent to produce all documents and file detailed submissions to prior notices under Section 17(2) of the T.N. VAT Act, 2006. Case-Laws VAT / Sales Tax Mon, 18 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762882