Input tax credit reduction for tobacco and lubricants, and updated transport-document requirements under Delhi VAT rules. The Delhi VAT Rules are amended to reduce input tax credit for un manufactured tobacco, tobacco products and all kinds of lubricants-100 percent reduction under the proviso to rule 7(1)(b) and a formulaic reduction {(R-2)100/R} percent under substituted rule 7(5), where R is the rate of tax under section 4. Rule 43(1) is replaced to require that the owner, driver or person in charge of a goods vehicle carry specified transport documents (Forms DVAT-32 to DVAT-35A) and any other Commissioner notified documents in the form and manner prescribed.
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Provisions expressly mentioned in the judgment/order text.
Input tax credit reduction for tobacco and lubricants, and updated transport-document requirements under Delhi VAT rules.
The Delhi VAT Rules are amended to reduce input tax credit for un manufactured tobacco, tobacco products and all kinds of lubricants-100 percent reduction under the proviso to rule 7(1)(b) and a formulaic reduction {(R-2)100/R} percent under substituted rule 7(5), where R is the rate of tax under section 4. Rule 43(1) is replaced to require that the owner, driver or person in charge of a goods vehicle carry specified transport documents (Forms DVAT-32 to DVAT-35A) and any other Commissioner notified documents in the form and manner prescribed.
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