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2018 (3) TMI 1660 - HC - VAT and Sales TaxInput tax credit - purchases made by it pursuant to D.E.P.B. licence - Held that:- The Division Bench in the case of JAGRITI PLASTICS LTD., N.F. IMPEX PVT. LTD. VERSUS COMMISSIONER OF TRADE & TAXES [2015 (10) TMI 291 - DELHI HIGH COURT] has held that D.E.P.B. scrips has contributed, if not directly then indirectly, to the price of imported commodity sold by the Assessee in the market - In the present case, the D.E.P.B. has been utilized to import the raw material and, therefore, the analogy has rightly been followed by the Tribunal in the facts of the present case also - The revision is, accordingly, dismissed.
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