2016 (7) TMI 140

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....AM For the Petitioner : Mr. R. Seenniappan For the  Respondent : Mr. Manokaran Sundaram, A.G.P. ORDER Heard Mr.R.Seenniappan, learned counsel for the petitioner and Mr.Manokaran Sundaram, learned Additional Government Pleader, who accepts notice for the respondent and with the consent of parties, the writ petition itself is taken up for final disposal. 2. The learned counsel on....

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....hose goods are used in the manufacture and nothing more but there is duty upon the dealer to satisfy the assessing authority that the claim is not hit by any of the restrictions or conditions contained under Section 19 of the VAT Act. In this regard, it is essential for the assessing authority to embark upon the fact finding exercise to ascertain the quantum of loss of the goods which were purchas....

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....he input-tax credit to the extent of either four percent or five percent or on ad hoc percentage stands set aside. However, liberty is granted to the concerned assessing officer to issue appropriate show-cause notices to the petitioners clearly setting out under what circumstances they propose to revise or call upon the petitioner to reverse refund sanctioned and after inviting objections proceed ....