Refund due AY 2016-17 can not be adjusted against demand for AY 2015-16 if appeal is pending before tribunal-Kerala HC

Nivz Imports & Exports A Ltd Vs Deputy Commissioner of State Tax (Kerala High Court) In a recent ruling Hon’ble Kerala HC have held that refund due to the petitioner for the year 2016-17 could not have been adjusted against the demand for 2015-16 when there was a stay on account of the provisions contained in Section 60 (1A) of the KVAT Act. The petitioner was a registered dealer under the Kerala Value Added Tax Act, 2003. It is the grievance of the petitioner that a refund due for the year 2016-17 has been adjusted against a demand for the AY 2015-16. It is legally sustainable in th...