VAT ITC rejected on basis of Web Report: Madras HC sets aside order Citing Non-Compliance of TN VAT Circular [Read Order]

The High Court ordered to set aside the impugned order and directed the Assistant Commissioner to redo the assessment, strictly adhering to the procedures laid out in the circular.
VAT ITC - Web Report Madras HC - Citing Non-Compliance of TN VAT Circular - TAXSCAN

In a recent ruling, the Madurai Bench of the Madras High Court set aside an order rejecting the Value Added Tax (VAT) Input Tax Credit (ITC) claim made based on a web-generated report. In this case,the petitioner, ARASPVPV Automobiles Pvt. Ltd. had filed a writ petition challenging the reassessment order issued by the Assistant Commissioner…

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