2013 (4) TMI 242

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..... ng to manufacture the de-oiled cake, but was attempting to manufacture rice bran oil. In the process of manufacturing rice bran oil, it was also manufacturing de-oiled cake. The product manufactured by the assessee was rice bran oil and, while selling the same, it was entitled to, under the Uttarakhand VAT Act, the purchase tax credit. - Trade Tax Revision No. 46 to 49 of 2007 - - - Dated:- 27 .....

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..... ring such rice bran. Under the Uttarakhand VAT Act, an assessee is entitled to purchase tax credit. This purchase tax credit is applicable in relation to goods purchased within the State, for which VAT is payable to the State. Therefore, the purchase tax credit, the assessee was entitled to in respect of that much of rice bran, it purchased from the State and not in respect of any tax paid on a .....

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..... ice bran oil. In the process of manufacturing rice bran oil, it was also manufacturing de-oiled cake. The product manufactured by the assessee was rice bran oil and, while selling the same, it was entitled to, under the Uttarakhand VAT Act, the purchase tax credit. That being the conclusion of the Tribunal, there is no scope of interference. The revisions fail and the same are dismissed. .....

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