https://www.taxtmi.com/caselaws?id=221852 The court upheld the rejection of the petitioner's refund claim for excess input tax paid, citing the 4th proviso to Section 12 of the KVAT Act, which restricts special rebates when goods are sold at a reduced rate. The court clarified that the calculation of entry tax is based on the purchase value alone, even if it includes various elements. As the goods were deemed to be sold at a reduced rate, the refund application was rightfully denied. Consequently, the court dismissed the writ petition, affirming the rejection of the refund claim. en-us Tue, 08 Jan 2013 00:00:00 +0530 Wed, 06 Feb 2013 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221852 The court upheld the rejection of the petitioner's refund claim for excess input tax paid, citing the 4th proviso to Section 12 of the KVAT Act, which restricts special rebates when goods are sold at a reduced rate. The court clarified that the calculation of entry tax is based on the purchase value alone, even if it includes various elements. As the goods were deemed to be sold at a reduced rate, the refund application was rightfully denied. Consequently, the court dismissed the writ petition, affirming the rejection of the refund claim. Case-Laws VAT and Sales Tax Tue, 08 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221852