Reversal of Input tax credit on account of mismatches



Input Tax Credit reversal on account of mismatches found in the Returns under Tamilnadu VAT Act, 2006. Introduction: In the recent times, the Commercial Taxes Department has started issuing Notices and passing orders to disallow the Input Tax Credit based on mismatch of purchase entries found
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About the Author

ADVOCATE

Advocate and Consultant on Indirect Taxes (VAT/GST, Service Tax and Central Excise)based at Coimbatore, Tamilnadu. More than 30 years experience in the field of Indirect Taxation. Presently working as whole time director in Ms Lore Tax Professionals Pvt Ltd., Coimbatore, Tamilnadu. Writing articles in Corporate ... Read more

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