2014 (8) TMI 22

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - MADRAS HIGH COURT] - registration certificates of the selling dealers have been cancelled with retrospective effect and, therefore, to reverse the input-tax credit on the plea that registration certificates have been cancelled with retrospective effect cannot be countenanced. Whatever benefits that has accrued to the petitioners based on valid documents in the course of sale and purchase of goo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Petitioner : Mr. D. Vijayakumar For the Respondent : Mr. Kanmani Annamalai Addl. Govt. Pleader (T) ORDER Today, when the writ petition is taken up for consideration, the learned counsel for the petitioner submitted that in similar circumstances, this Court, in the case of JINSASAN DISTRIBUTORS V. COMMERCIAL TAX OFFICER (CT), CHINTADRIPET ASSESSMENT CIRCLE, CHENNAI , reported in (2013 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s contrary to the law laid down by the Supreme Court in the above stated case. 16. For the foregoing reasons, the notices, revised assessment orders and the provisional assessment order, insofar as it seeks to deny the benefit of input-tax credit to the petitioners/ assessees only on the ground that the registration certificates of the selling dealers have been cancelled with retrospective effe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X