Credit cannot be Denied solely on Non-Registration of Travancore Devawsom Board Under KVAT Act: Kerala HC

The Kerala High Court ruled that a tax credit under the Kerala Value Added Tax (KVAT) Act cannot be denied solely because the Travancore Devawom Board was not registered under the Act. The court emphasized that registration under the KVAT Act is not a prerequisite for claiming tax credits. The decision is based on the principle that denying credit due to non-registration would be unjust, especially when the actual transaction and its tax implications are valid. This ruling aims to ensure fair treatment for entities involved in tax credit claims, highlighting the need for practical and equitable tax administration.