TaxTMI 
TaxTMI 
TaxTMI 
Input credit is disallowed by th Asst Commissioner
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....nput credit is disallowed by th Asst Commissioner<br> Query (Issue) Started By: - MUNIRAJ SRINIVASAN Dated:- 8-10-2013 Last Reply Date:- 9-10-2013 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>My ....
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....client has running the trading unit in madurai , during the month of March 2013 he is having input credit Tax (ITC) value of Rupees 1,12,000 out put Tax is 1,18,300 balance tax he had deposited to the....
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.... department but Asst commission has refused his input Tax credit and , Asst wants to collect input Tax credit payment of Rs., 112000 weather dealer is eligible to take Input tax credit or he has to pa....
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....y ? If is credit is allowing any case law is there in Tamil Nadu VAT ? Reply By Mritunjay Kumar: The Reply: Yes, when the credit is available, the assessee is very much eligible to avail the benefi....
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....t of Rs. 1,12, 000/- . But, as the question is put by you, it seems incomplete. You have not mentioned the reason(s) given by the Assistant Commissioner for denial of benefit of credit. Reply By MARI....
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....APPAN GOVINDARAJAN: The Reply: The contents of Shri Mritunjah Kumar is correct. The query is incomplete. Whether the input tax credit is in accordance with the TN VAT Act? Another point is as pointed....
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.... out by learned friend what are the reasons adduced by the Assistant Commissioner in rejecting the input tax credit. The querist is to give detailed version of query.<br> Discussion Forum - Knowledge ....
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....Sharing ....