2023 (9) TMI 445

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....N SMT.MEERA V.MENON SRI.R.SREEJITH SMT.K.KRISHNA FOR THE RESPONDENT : BY GOVERNMENT PLEADER SMT. M.M JASMINE ORDER Dr. A.K.Jayasankaran Nambiar, J. As both these O.T. Revisions involve a common issue, they are taken up for consideration together and disposed by this common judgment. O.T. Revision No.111 of 2022 pertains to the assessment year 2013-2014 and O.T. Revision No.1 of 2023 pertain....

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....tioner before the tax authorities was that inasmuch as input tax credit was availed only in respect of the raw materials purchased locally and the said raw materials were entirely consumed in the manufacture of that quantity of PVC pipes that were sold within the State, it was entitled to the entire input tax credit claimed by it. 2. The authorities below consistently found that the petitioner ha....

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.... the assessing authority for the purposes of demonstrating that it had not availed input tax credit on the raw-materials/inputs purchased from outside the State that were then used for the manufacture of PVC pipes which were transferred by way of stock transfer outside the State. It is their contention, therefore, that inasmuch as separate accounts were maintained in respect of the two streams of ....

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....l submissions, we are of the view that the impugned orders of the Tribunal do not require any intervention in these proceedings. As rightly pointed out by the learned Government Pleader, the consistent finding of the First Appellate Authority and the Tribunal is that no records/accounts were produced by the petitioner before them to substantiate the contention that no input tax credit was availed ....