Input Tax Credit - Manufacturing activity or not - UP VAT -the ...
Court Rules Wood and Bamboo Transformation Not Manufacturing Under UP VAT Laws; No New Commodity Emerges, Tax Credit Denied.
July 7, 2016
Case Laws VAT and Sales Tax HC
Input Tax Credit - Manufacturing activity or not - UP VAT -the new item is nothing but wood and bamboo which do not have an identity totally different from the original product nor does it result in emergence of a new commercial commodity. - credit was rightly denied - HC
View Source