Manufacturers not required to reverse ITC on inputs used for inter-state sales under Tamil Nadu VAT : HC

EXCISE/ST/VAT : If manufacturer, who claimed to have purchased tax suffered inputs, referred to in first schedule of Tamil Nadu value Added Tax Act, 2006, and said inputs used in manufacturing or processing of goods, full credit of tax paid on inputs allowed without being fatal by proviso of Section 19(2)(v) ibidEXCISE/ST/VAT : If manufacturer, who claimed to have purchased tax suffered inputs, referred to in first schedule of Tamil Nadu value Added Tax Act, 2006, and said inputs used in manufacturing or processing of goods, full credit of tax paid on inputs allowed without being fatal by proviso of Section 19(2)(v) ibidwww.taxmann.com Latest Case LawsRead More

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