https://www.taxtmi.com/caselaws?id=766801 On rejection or non-renewal of an eligibility certificate under the West Bengal VAT framework, a dealer cannot retrospectively adjust carried forward input tax credit against the output tax liability for that period unless the statute expressly permits it. The Calcutta HC held that, in the absence of such a provision, the tax liability for the ineligible period remained payable in accordance with the governing rules and within the prescribed time. The demand raised by the authorities was therefore upheld and the challenge failed. en-us Tue, 25 Feb 2025 00:00:00 +0530 Wed, 05 Mar 2025 07:49:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766801 On rejection or non-renewal of an eligibility certificate under the West Bengal VAT framework, a dealer cannot retrospectively adjust carried forward input tax credit against the output tax liability for that period unless the statute expressly permits it. The Calcutta HC held that, in the absence of such a provision, the tax liability for the ineligible period remained payable in accordance with the governing rules and within the prescribed time. The demand raised by the authorities was therefore upheld and the challenge failed. Case-Laws VAT / Sales Tax Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766801