https://www.taxtmi.com/caselaws?id=161963 Industrial incentive exemption did not bar a refund claim for tax paid on raw materials where the entitlement had already been recognised and the revenue was directed to determine the refundable amount. The High Court held that the claim fell within the refund framework and could not be refused on the basis that the benefit was framed as exemption rather than refund. It also held that refund applications under the sales tax law had to be made in the prescribed statutory form under the correct rule, so applications filed in the wrong form were unsustainable. The rejection was quashed, fresh applications were directed, and interest was denied from the dates of the original defective applications. en-us Fri, 21 Nov 2003 00:00:00 +0530 Wed, 12 Feb 2014 14:27:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161963 Industrial incentive exemption did not bar a refund claim for tax paid on raw materials where the entitlement had already been recognised and the revenue was directed to determine the refundable amount. The High Court held that the claim fell within the refund framework and could not be refused on the basis that the benefit was framed as exemption rather than refund. It also held that refund applications under the sales tax law had to be made in the prescribed statutory form under the correct rule, so applications filed in the wrong form were unsustainable. The rejection was quashed, fresh applications were directed, and interest was denied from the dates of the original defective applications. Case-Laws VAT and Sales Tax Fri, 21 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161963