Apportionment of tax credit (Section 9(4) & 10(2))

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..... ed fully or partly for other purposes as specified in sub-section (4) of section 9 or the goods or goods manufactured out of such goods are exported from Delhi by way of transfer, the tax credit claimed shall be reduced under section 10 in the following manner: (1) in case commodity-wise accounts are maintained by the dealer clearly correlating use of goods for making sales under sub-sec .....

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..... r is higher. (4) in case commodity-wise accounts are not maintained by the dealer clearly correlating use of goods for making sales referred to in clause (ii) above the reduction of tax credit shall be calculated on the basis of the purchase price of such goods immediately preceding to their transfer or their fair market value whichever is higher and the input tax credit shall be reduced .....

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