https://www.taxtmi.com/caselaws?id=449146 Unutilised input tax credit on capital goods under the Tamil Nadu Value Added Tax Act, 2006 was treated as eligible for refund because the definition of input under Section 2(23) includes capital goods and Section 18(3) governing zero-rating covers such claims. The refund applications were stated to have been filed within the prescribed 180 days, but processing was delayed due to Circular No. 22/2011, later superseded by Circular No. 12 of 2018, so the delay could not fairly be attributed to the claimant and the limitation objection was unsustainable. Entitlement to refund still required verification against the relevant ITC and export documents, so the merits had to be examined on remand. en-us Thu, 01 Feb 2024 00:00:00 +0530 Mon, 22 Dec 2025 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449146 Unutilised input tax credit on capital goods under the Tamil Nadu Value Added Tax Act, 2006 was treated as eligible for refund because the definition of input under Section 2(23) includes capital goods and Section 18(3) governing zero-rating covers such claims. The refund applications were stated to have been filed within the prescribed 180 days, but processing was delayed due to Circular No. 22/2011, later superseded by Circular No. 12 of 2018, so the delay could not fairly be attributed to the claimant and the limitation objection was unsustainable. Entitlement to refund still required verification against the relevant ITC and export documents, so the merits had to be examined on remand. Case-Laws VAT / Sales Tax Thu, 01 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449146