https://www.taxtmi.com/caselaws?id=431847 Refund claims under a project-specific incentive arrangement were not to be curtailed by applying the Tamil Nadu VAT Act, 2006 input tax credit restrictions, including reversal and time-limit provisions, where the State accepted liability to grant the refund under the memorandum of understanding. The departmental stand was that the Commercial Taxes Department had to process the refund without reference to those statutory restrictions, and that position was accepted on record. The petitioner was therefore entitled to the refund to the extent conceded by the State, and the remaining refund amounts were directed to be disbursed expeditiously. en-us Fri, 02 Dec 2022 00:00:00 +0530 Fri, 23 Dec 2022 09:18:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431847 Refund claims under a project-specific incentive arrangement were not to be curtailed by applying the Tamil Nadu VAT Act, 2006 input tax credit restrictions, including reversal and time-limit provisions, where the State accepted liability to grant the refund under the memorandum of understanding. The departmental stand was that the Commercial Taxes Department had to process the refund without reference to those statutory restrictions, and that position was accepted on record. The petitioner was therefore entitled to the refund to the extent conceded by the State, and the remaining refund amounts were directed to be disbursed expeditiously. Case-Laws VAT and Sales Tax Fri, 02 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431847