2016 (6) TMI 1420

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.... C. Baktha Siromani. For the Respondent : Mr. Manoharan Sundaram, Addl. Govt. Pleader. ORDER Heard Mr. C. Baktha Siromani, learned counsel appearing for the petitioner and Mr. Manoharan Sundaram, learned Additional Government Pleader, appearing for the respondent. By consent of the learned counsel for both sides, the writ petition itself is taken up for final disposal. 2. The petitioner, whic....

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...., for the period from April 2012 to December 2012 and have been filing 'K-Returns' under Section 4 (3) of the TNVAT Act, and in this period, they have crossed Rs. 50 lakhs, for which, they will continue for the subsequent years to submit the option letter to the Office of the respondent and change to 'Form-I' mode. The petitioner enclosed the Delivery Note Acknowledgment and stated....

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.... which is more than Rs. 50 lakhs limit and as per the Government Order and the amendments to Section 3 (4) of the Act, the petitioner is entitled to avail Input Tax Credit for the turnover, which exceeds Rs. 50 lakhs and the said Government Order, being a beneficiary notification, is applicable to the year 2012-13 also. 4. In the light of the above facts, this Court is of the view that the respon....