https://www.taxtmi.com/caselaws?id=411697 A revised return and claim for excess input tax credit for April 2008 to March 2009 could not be rejected as belated under Section 35(4) of the Karnataka Value Added Tax Act, because that six-month limitation applied only from 01.04.2012 and had no operation for the earlier tax period. The later inserted Section 10(3) was also inapplicable, as it came into force only from 01.04.2015. On that basis, the HC held that the Tribunal was correct in sustaining the assessee's claim and that the excess reversal of input tax credit could not be denied merely by reference to subsequently introduced provisions. en-us Thu, 05 Aug 2021 00:00:00 +0530 Wed, 01 Sep 2021 08:58:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411697 A revised return and claim for excess input tax credit for April 2008 to March 2009 could not be rejected as belated under Section 35(4) of the Karnataka Value Added Tax Act, because that six-month limitation applied only from 01.04.2012 and had no operation for the earlier tax period. The later inserted Section 10(3) was also inapplicable, as it came into force only from 01.04.2015. On that basis, the HC held that the Tribunal was correct in sustaining the assessee's claim and that the excess reversal of input tax credit could not be denied merely by reference to subsequently introduced provisions. Case-Laws VAT and Sales Tax Thu, 05 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411697