Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Delhi VAT Rules: 100% Tax Credit Cut for Certain Goods; Reclaim Possible if Goods Returned Unchanged or Manufactured.</h1> The Delhi Value Added Tax Rules, 2005, specify the reduction of tax credit under Sections 9(6), 9(9), and 10(3). For goods in the Second Schedule, the tax credit is reduced by 100%. For other goods, the reduction is calculated as [2/R x 100]%, where R is the applicable tax rate. Certain goods, including un-manufactured tobacco and lubricants, also face a 100% tax credit reduction. Dealers can reclaim reduced tax credits if goods are returned to Delhi for taxable sale, provided they remain unchanged or are manufactured from the original goods. Lost or destroyed goods do not qualify for tax credit claims.
TaxTMI 
TaxTMI 
