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2016 (8) TMI 1485 - HC - VAT and Sales TaxReversal of input credit taken on capital goods beyond 4% - TNVAT Act - HELD THAT:- Reliance can be placed in the case of SARA LEATHERS VERSUS COMMERCIAL TAX OFFICER, TAMBARAM I ASSESSMENT CIRCLE, CHENNAI [2009 (10) TMI 848 - MADRAS HIGH COURT] where it was held that We do not accept the submission of the learned Additional Government Pleader that the petitioner, who is a purchaser of the capital goods, is not entitled to have the benefit of total refund of the amount. Following the decision in the case of Sara Leathers, the Writ Petition is allowed - decided in favor of petitioner.
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