https://www.taxtmi.com/caselaws?id=404907 Section 18 of the Tamil Nadu VAT Act, 2006 was construed as providing two separate options for zero-rated sales to a 100% EOU: adjustment of input tax credit or a refund claim in the prescribed form. Because the dealer had elected to adjust input tax credit and had not chosen the refund route, it was not required to file Form W under Rule 11. The orders denying the adjustment on the assumption that refund was unavailable were inconsistent with the statutory scheme and were unsustainable to that extent. en-us Thu, 18 Feb 2021 00:00:00 +0530 Sat, 06 Mar 2021 09:46:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404907 Section 18 of the Tamil Nadu VAT Act, 2006 was construed as providing two separate options for zero-rated sales to a 100% EOU: adjustment of input tax credit or a refund claim in the prescribed form. Because the dealer had elected to adjust input tax credit and had not chosen the refund route, it was not required to file Form W under Rule 11. The orders denying the adjustment on the assumption that refund was unavailable were inconsistent with the statutory scheme and were unsustainable to that extent. Case-Laws VAT and Sales Tax Thu, 18 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404907