https://www.taxtmi.com/circulars?id=10654 Dealers reporting excess Input Tax Credit in Form DVAT 16 must elect either to claim the amount as a refund in column R9.2 or to carry it forward in column R9.3; bifurcation between refund and carry forward is not permissible. Assessing authorities are directed to process refund claims and returns in accordance with the DVAT Act, 2004 and DVAT Rules, 2005, ensuring the dealer's single election is respected. en-us Tue, 14 Jun 2011 00:00:00 +0530 Wed, 15 Jun 2011 18:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10654 Dealers reporting excess Input Tax Credit in Form DVAT 16 must elect either to claim the amount as a refund in column R9.2 or to carry it forward in column R9.3; bifurcation between refund and carry forward is not permissible. Assessing authorities are directed to process refund claims and returns in accordance with the DVAT Act, 2004 and DVAT Rules, 2005, ensuring the dealer's single election is respected. Circulars VAT - Delhi Tue, 14 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10654