2018 (5) TMI 1857 - HC - VAT and Sales Tax

Input tax credit - cancellation of registration of sellers - Held that - The Tribunal has recorded a finding of fact that purchases made by the respondent-assessee from the aforesaid parties were of a date prior to the date of cancellation of their registration. The finding so recorded is a finding of fact which can not be interfered with in revisional jurisdiction. It is not the case of the revisionist that the finding so recorded are perverse - revision dismissed.

Summary

The High Court of Allahabad dismissed the revision petition as the Trade Tax Tribunal correctly allowed the benefit of Input Tax Credit on purchases made before the sellers' registration was cancelled. The court found no error in the Tribunal's decision. Citation: 2018 (5) TMI 1857 - ALLAHABAD HIGH COURT.