Madras HC Allows unutilized VAT Transition under Section 140 of TNGST Act 2017

Radhikka Ceramic World Vs The State Tax Officer (Madras High Court) Radhikka Ceramic World petitioned the Madras High Court under Article 226 of the Constitution of India, challenging an order issued by the State Tax Officer dated 23.12.2019, which denied transitional tax remaining unutilized in VAT returns filed for July 2017. The petitioner, engaged in the sale of ceramic tiles, imported tiles from various states. Due to an apprehension of tax evasion in the tile industry, an advance tax of 20% of the invoice value was levied on the petitioner at the Tuticorin port during import. This advanc...