Denial of input tax credit - the word ‘business’ as occur in ...
Case Laws VAT and Sales Tax
September 4, 2014
Denial of input tax credit - the word ‘business’ as occur in Sub-section (6) of Section 2 is independent and therefore, input tax credit on the purchases such as fertilizers, chemicals, pesticides etc. used in agricultural/horticultural activity cannot be granted. - HC
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