1.
Dear Dwarkanath,
Your query is quite interesting and needed lots of brain storming in our Tax Research Team. We have gone through the KVAT provisions in this regard to solve this query.
In our opinion growing crops attached to or forming part of land does not come under the definition of goods as mentioned in the Section 2 (15) of the KVAT Act,2003. Therefore, In our opinion, you would not be eligible to avail the Input Tax Credit on Input Used in forGrowing the Crops.
Further, please read the Section 10, 11, 12 and 14 of the KVAT Act read with Rules made thereunder for better clarification on this aspect.
If required, you may also seek clarification from the Commissioner of the KVAT Department on payment of nominal fees under Section 60 of the KVAT Act,2003.
Regards,
Team YAGAY & SUN
(Indirect Tax Consultants)