Reversal of ITC on worn-out jewellery sent outside the state for ...

Court Rules Location of Manufacturing Outside Tamil Nadu Doesn't Affect ITC Eligibility u/s 19(1) of TN VAT Act.

December 23, 2019

Case Laws     VAT and Sales Tax     HC

Reversal of ITC on worn-out jewellery sent outside the state for manufacture and received back and sold within the State - TNVAT - mere fact that the manufacturing unit is located outside the State of Tamil Nadu cannot be the basis, for denial of ITC, under section 19(1) of the 2006 Act.

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