Input tax credit require CA certificate for goods reused in taxable supplies when exports already made; exempt if no ITC. The amendment requires that goods supplied after exports-where input tax credit was availed on inputs used in manufacture of those exports-be used in manufacture and supply of taxable goods (excluding nil-rated or fully exempted goods), and that a chartered accountant's certificate to that effect be submitted to the Commissioner of State Tax or an authorised officer within six months of supply; no certificate is required if ITC was not availed on such inputs. The Explanation is amended by omitting 'on pre-import basis.'
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input tax credit require CA certificate for goods reused in taxable supplies when exports already made; exempt if no ITC.
The amendment requires that goods supplied after exports-where input tax credit was availed on inputs used in manufacture of those exports-be used in manufacture and supply of taxable goods (excluding nil-rated or fully exempted goods), and that a chartered accountant's certificate to that effect be submitted to the Commissioner of State Tax or an authorised officer within six months of supply; no certificate is required if ITC was not availed on such inputs. The Explanation is amended by omitting "on pre-import basis."
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