2021 (5) TMI 284

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....B.Rooban For Mr.Raja.Karthikeyan For the Respondents : Mr.G.Arjunan, Government Advocate. ORDER Heard the learned counsel on either side. 2.The petitioner is an assessee registered with the second respondent. The case on hand pertains to the assessment year 2011-12. The petitioner's original assessment was deemed to have been completed as on 31.10.2012 under Section 22(2) of the Tamil Nad....

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....2017 proposing to reverse the input tax credit in respect of the Inter-State sales not covered by "C" Form for which input tax credit had been claimed. After issuing personal hearing notice and after considering the objections of the petitioner, the impugned order came to be passed. In the impugned order both tax and penalty have been imposed on the petitioner. In the impugned order, it has been s....

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....actions whether covered by CForm or not, in terms of both Section 8(1) and (2) of the CST Act. In short, the lis for consideration before me is 'whether the provisions of Section 19(2)(v) of the Tamil Nadu Value Added Tax Act, 2006 as amended by the Tamil Nadu Value Added Tax Act (Amendment Act, 2015) are retrospective and would apply to earlier periods of assessment or prospective, applying t....

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....t of ITC was initially restricted as an inducement to dealers to transact with registered dealers alone, Legislature has broadened, in its wisdom, the grant of benefit of ITC to transactions with unregistered dealers as well, albeit in 2015. Having taken such a decision in principle, there is no rhyme or reason to restrict the benefit only from the date of substitution. Such restriction would disc....