Consider application for refund of ITC on merits: HC to TN VAT Authorities

Myres Tyre Supply (India) Limited Vs Assistant Commissioner (ST) (Madras High Court) In addition to writ with High Court appellant had also moved an application for refund of the Input Tax Credit (ITC) claimed under the TNVAT Act and this application was without prejudice to their rights under section 140(3) of the TNGST Act. The appellant had also challenged the various provisions of the CGST and Tamil Nadu Goods and Services Tax Act, 2017 Acts in this regard with regard to the time limit of 90 days in processing the applications for the credit of the Input Tax Credit. In view of the fact tha...