Heard Mr. R.Sridhar, learned counsel appearing for the petitioner and Mr. K.Venkatesh, learned Government Advocate, accepting notice on behalf of respondents. With the consent of the learned counsel on either side, the Writ Petition itself is taken up for disposal.

2. The petitioner is a dealer of Alloys, Mild Steel, Carbon Rounds, Steel Sheets, Steel Plates, Steel Pipes, Steel Structural and Copper Flats and has effected sale to a company viz., Sri City SEZ in Andhra Pradesh. The said purchasers have used the same in the production and export of Heavy duty Transformers, Industrial Tanks, Power and Energy Sector Equipment, Tube and Pipe Mill Equipment etc.,

3. The petitioner is a registered dealer on the file of the second respondent under the provisions of the Tamil Nadu Value Added Tax Act, 2006 (in short "TNVAT Act") and the Central Sales Tax Act, 1956 (in short "CST Act"). For the Assessment year 2014-15, the petitioner declared a total and taxable turnover of Rs.1,51,71,816/- and Rs.27,07,344/- respectively. A VAT Audit was conducted in the business premises of the petitioner, in which, the accounts for the Assessment years 2006-07 to 2014-15 were verified and a report wa