HRS 0235-0110_0007 ANNOTATIONS

Where taxpayer failed to file a timely claim for the credit "on or before the end of the twelfth month following the close of the taxable year for which the credits may be claimed" as required under this section, taxpayer waived its right to a capital goods excise tax credit refund. 97 H. 270 (App.), 36 P.3d 814.