SLP Against TNVAT Order Pending, HC Sets Aside Section 19(5)(c) Order

Tvl.Elgi Equipments Limited Vs Assistant Commissioner (ST) (Madras High Court) The writ petition was filed challenging the impugned order rejecting the petitioner’s claim of ITC by invoking Section 19(5)(c) of the TN VAT. Both the parties agreed upon that the issue involved stands covered by the orders of this Court in W.A.(MD)Nos.1613/ 2021 wherein after relying upon the judgment of this Court in Commercial Taxes Department vs. M/s. Everest Industries Limited in W.A.Nos.1260-2017 wherein it was held that as per the provisions of the TNVAT Act, Section 84 empowers rectification of orders...