https://www.taxtmi.com/caselaws?id=236240 Input tax credit under the Tamil Nadu Value Added Tax Act, 2006 was treated as a statutory concession, not an indefeasible right, so the Legislature could prescribe a mandatory time limit for its claim. The Court held that Section 19(11) was constitutionally valid, serving revenue protection and verification of credit claims without arbitrariness or hostile discrimination. It further held that Section 19(11) was consistent with the charging and credit scheme of Sections 3(2), 3(3) and 19, because the phrase "in the manner prescribed" includes the statutory conditions for availing credit. Non-compliance with the time limit was held to forfeit the credit. en-us Wed, 17 Jul 2013 00:00:00 +0530 Mon, 01 Dec 2025 17:23:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236240 Input tax credit under the Tamil Nadu Value Added Tax Act, 2006 was treated as a statutory concession, not an indefeasible right, so the Legislature could prescribe a mandatory time limit for its claim. The Court held that Section 19(11) was constitutionally valid, serving revenue protection and verification of credit claims without arbitrariness or hostile discrimination. It further held that Section 19(11) was consistent with the charging and credit scheme of Sections 3(2), 3(3) and 19, because the phrase "in the manner prescribed" includes the statutory conditions for availing credit. Non-compliance with the time limit was held to forfeit the credit. Case-Laws VAT / Sales Tax Wed, 17 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236240