MVAT limitation and refund processing questions admitted on substantial issues of law, with all merits left open.

The commentary concerns limitation under the Maharashtra Value Added Tax Act, 2002, including whether the Tribunal could direct scrutiny of returns and refund processing beyond the prescribed period, treat filing of Form 501 as non-mandatory, reject the Revenue's rectification application, and determine whether an appeal lay against the rectification order. The Bombay High Court admitted the appeal on substantial questions of law, left all issues open for final hearing, and made no final determination on the merits.

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Issues: Whether the Tribunal could ignore limitation under the Maharashtra Value Added Tax Act, 2002, direct scrutiny of returns and refund processing beyond the prescribed period, hold that filing of Form 501 was not mandatory, reject the Revenue's rectification application, and whether an appeal lay against the rectification order.

Outcome: The appeal was admitted on substantial questions of law, the issues were kept open for final hearing, and no final adjudication was made on the merits.

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