TNVAT-Input tax credit eligibility

[yash arya]

Dear Sir,

Please clarify on the following issues:

1) whether credit of tax paid on Waste oil/LPG gas to run Furnace in a Casting Unit is allowed?

2) Whether credit of tax paid on materials used for installing Dedicated Power line by TNEB at the Factory to run machinery is allowed ?

3) Whether Entry tax paid is allowed deduction from Output tax ?

Thanks & regards,

-Shekar R

AI Summary

Input tax credit eligibility questioned for waste oil, LPG, dedicated power line materials and entry tax deductions.
Eligibility of input tax credit is queried for tax paid on waste oil and LPG used to run a furnace, tax on materials used to install a dedicated power line to run factory machinery, and whether entry tax paid is deductible from output tax; a reply sought clarification but did not resolve the issues.