Petitioner's Eligibility for Tamil Nadu VAT Compounding System Based on Turnover, Not Affected by Past Inter-State Purchases.

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....Benefit of compounding system of assessment - TNVAT - So long as the petitioner has the taxable turnover for the year under consideration at less than ₹ 50 lakhs and so too during the immediate previous year, the taxable turnover of that year remained at less than ₹ 50 lakhs, the mere fact of his earlier years having inter-State purchase, per se, would not go against the claim of the petitioner - HC....