Advance Tax unutilised under VAT allows to be Transitioned u/s 140 of TNGST Act: Madras HC [Read Order]

The bench examining the Section 140 of the GST Act stated that there is no scope for denying such amount which was transited under Section 140 of the TNGST Act, 2017
Advance tax transition - TNGST - Madras High Court - VAT - Tamil Nadu VAT - taxscan

In a recent ruling, the Madras High Court has ruled that the Advance tax unutilised under the Value Added Tax ( VAT ) or Tamil Nadu VAT ( TNVAT ) has allowed to be transitioned under Section 140 of the Tamil Nadu Goods and Services Tax Act, 2017 ( TNGST ).  A Single bench of…

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