Kerala VAT Dealer Cannot Claim Refund/Avail ITC on Return of Goods after Limitation Period

Narendra Kumar Gupta Vs State of Kerala (Kerala High Court) The points to be decided is whether the appellant had the right to avail input tax against the purchase items effected after a period of 90 days. The dealer had paid tax on the goods purchased from a registered dealer for sale within the State by paying tax at the rate of 12.5%. He had availed input tax claim on sales effected during the month of purchase, and returned the goods to the seller after a period of 90 days and have not reversed the tax due on such sales return. Statutory provision is that input tax credit can be availed ag...