https://www.taxtmi.com/caselaws?id=270676 A special statutory refund entitlement for SEZ developers under the Karnataka Value Added Tax Act, 2003 prevails over the general return and revised return framework. Section 20(2) and Rule 130A create a beneficial scheme for refund or deduction of tax paid on inputs used for authorised SEZ operations, and no express limitation period is prescribed for such claims. The general machinery under Section 35 for ordinary returns and omissions does not control that special entitlement, and delay in claiming input tax credit cannot defeat the statutory benefit merely because the claim is made belatedly. en-us Wed, 30 Sep 2015 00:00:00 +0530 Sat, 17 Mar 2018 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270676 A special statutory refund entitlement for SEZ developers under the Karnataka Value Added Tax Act, 2003 prevails over the general return and revised return framework. Section 20(2) and Rule 130A create a beneficial scheme for refund or deduction of tax paid on inputs used for authorised SEZ operations, and no express limitation period is prescribed for such claims. The general machinery under Section 35 for ordinary returns and omissions does not control that special entitlement, and delay in claiming input tax credit cannot defeat the statutory benefit merely because the claim is made belatedly. Case-Laws VAT and Sales Tax Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270676