https://www.taxtmi.com/caselaws?id=794871 A taxpayer seeking to reduce VAT on iron and steel used in a works contract from 12.5% to 4% must account for the return-filing requirements under Section 35(4) of the Karnataka Value Added Tax Act, 2005. The discussed position is that an assessing or appellate authority cannot grant a benefit exceeding the rate claimed in the original or revised return. Where no revised return was filed and the lower rate was raised only during reassessment, the absence of a revised return is treated as decisive, and the claim for reduction is not supported. en-us Wed, 08 Jul 2026 00:00:00 +0530 Tue, 14 Jul 2026 08:26:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794871 A taxpayer seeking to reduce VAT on iron and steel used in a works contract from 12.5% to 4% must account for the return-filing requirements under Section 35(4) of the Karnataka Value Added Tax Act, 2005. The discussed position is that an assessing or appellate authority cannot grant a benefit exceeding the rate claimed in the original or revised return. Where no revised return was filed and the lower rate was raised only during reassessment, the absence of a revised return is treated as decisive, and the claim for reduction is not supported. Case-Laws VAT / Sales Tax Wed, 08 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794871