VAT TDS Credit Allowed Under GST Transitional Laws

DMR Constructions Vs. Assistant Commissioner, Commercial Tax Department (Madras High Court) Issue Involved: 1. There was Accumulated credit of TDS under TNVAT Act and the same has also been permitted to carry forward the same from year to year. 2. The petitioners sought transition of the accumulated TDS into their respective accounts for set off against output tax – GST liabilities Submissions of the petitioner: 1. Tax deducted at source is nothing but tax and Section 13 of the TNVAT makes this position clear. 2. Being a value added tax for the purposes of Section 140(1) of the TNGST Ac...