appears the petitioner was
liable to tax under the provisions of the Tamil Nadu Value Added Tax Act,
2006 .
47. Therefore ... service tax as bulk of the input services utilized were available as input tax
credit under the provisions of the Cenvat
credit of the value added tax and entry
tax, if any, in respect of inputs held in stock and inputs
contained ... credit ledger, credit of value added tax and entry tax,
if any, in respect of inputs received on or after appointed
credit of the value added tax and entry
tax, if any, in respect of inputs held in stock and inputs
contained ... credit ledger, credit of value added tax and entry tax,
if any, in respect of inputs received on or after appointed
clause (ii) to Section 2(10) with definition of “goods”, “input” and “input tax”
and Section 19 makes it clear that the intention ... credit on the tax paid on the inputs and
therefore input tax paid on inputs which go on to enrich final
passed by the respondent for the Assessment Year 2013-2014
denying Input Tax Credit on the materials used by the petitioner for generating ... VAT paid on inputs used in captive power
plant qualifies for input tax credit to the extent the power
assessee under the provisions of the Tamil
Nadu Value Added Tax (TNVAT) Act, 2006 . With the implementation of
respective GST enactments with effect ... locally purchased taxable goods valued at Rs.6,19,89,648/- and
thus, the petitioner has declared the Input Tax Credit carried forward
Jothi Tiles vs The Commercial Tax Officer on 8 April, 2022
Author: C.Saravanan
Bench: C.Saravanan
W.P(MD).No.6561 ... paid
towards advance tax and Input Excess VAT for the period August
input tax credit that was availed by the petitioner was
provisional as per section 19 (16) of the Tamil Nadu Value-Added Tax ... Tamil Nadu Value-Added Tax Rules, 2007, an elaborate
procedure has been prescribed for availing input tax credit.
12. From
same in so far as it relates to dis
allowance of Input Tax Credit beyond 4% on the purchase capital
goods ... registered dealer who sells such capital goods or input. As a
person availing input tax credit, the petitioner had to merely satisfy
that
inputs "consumed" in the manufacture of final product. Only when
inputs are “destroyed at some intermediary stage of
manufacture”, reversal of input tax ... inputs alone can be construed as "inputs
destroyed at some intermediary stage of manufacture". There
is no scope for reversal of input tax
