https://www.taxtmi.com/caselaws?id=348485 The High Court of Madras directed the respondent to review the petitioner's refund requests for reversed input tax credit under the TNVAT Act from November 2013 to March 2015, following a previous judgment clarifying the entitlement to claim input tax credit. The Court highlighted the misinterpretation of the proviso by the Revenue, causing challenges for manufacturers. Pending Appeals by the State did not stay the lower court's decision, emphasizing the need for diligent consideration of refund representations within eight weeks, aligning with previous relief granted in similar cases. Compliance with legal provisions and timely resolution were underscored without imposing costs on the parties. en-us Thu, 17 Aug 2017 00:00:00 +0530 Sat, 23 Sep 2017 10:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348485 The High Court of Madras directed the respondent to review the petitioner's refund requests for reversed input tax credit under the TNVAT Act from November 2013 to March 2015, following a previous judgment clarifying the entitlement to claim input tax credit. The Court highlighted the misinterpretation of the proviso by the Revenue, causing challenges for manufacturers. Pending Appeals by the State did not stay the lower court's decision, emphasizing the need for diligent consideration of refund representations within eight weeks, aligning with previous relief granted in similar cases. Compliance with legal provisions and timely resolution were underscored without imposing costs on the parties. Case-Laws VAT and Sales Tax Thu, 17 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348485