Input tax credit - raw material purchased for generation of ...

Assessee Can Claim Input Tax Credit for Raw Materials in Electricity Production Despite Exclusion in KVAT Act Section 2(xx).

December 7, 2018

Case Laws VAT and Sales Tax HC

Input tax credit - raw material purchased for generation of electricity - The assessee is entitled to claim input tax credit. - electricity though included under the First Schedule is specifically excluded from the definition of “goods” as available u/s 2(xx) of the KVAT Act.

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Input tax credit - raw material purchased for generation of ...

Assessee Can Claim Input Tax Credit for Raw Materials in Electricity Production Despite Exclusion in KVAT Act Section 2(xx).

December 7, 2018

Case Laws VAT and Sales Tax HC

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