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2018 (9) TMI 241 - HC - VAT and Sales TaxInput Tax Credit - Whether the Assessee was entitled to Input Tax Credit on the purchases of Electrical Goods like 3150 KVA Transformer, High Tension Cable supply and erection, Low Tension cable supply and erection, UPS and UPS Electrical, Civil and Erection under Schedule 5 to the Act r/w Section 11 of the Act? Held that:- Division Bench of this Court in the case of Hindustan Unilever Limited, Bangalore vs. State of Karnataka [2016 (6) TMI 859 - KARNATAKA HIGH COURT], has held that even the electrical and electronic goods or in puts used for generation of electricity or steam, provided such electricity or steam is used within the factory for manufacturing activity of the final product, the same would be covered and the Assessee would be entitled to Input Tax Credit with regard to tax paid on such electrical and electronic goods also. - The learned Advance Rulings Authority did not have the benefit of the aforesaid judgment of Division Bench of this Court which was delivered on 26.02.2016 just three days after the impugned order dated 23.02.2016 was passed by the aforesaid Authority. The said aforesaid view of the Division Bench is obviously binding on the said Authority and covers the controversy in hand. The equipments and items purchased by the Assessee namely Electrical Goods in question would be eligible for Input Tax Credit against the output tax liability of the Assessee - appeal allowed - decided in favor of appellant.
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