https://www.taxtmi.com/caselaws?id=222046 The High Court of Uttarakhand clarified that an assessee was entitled to purchase tax credit only for goods purchased within the State under the Uttarakhand VAT Act. The court ruled that the assessee did not need to segregate products manufactured using rice bran sourced externally for claiming tax credit. Additionally, the production of de-oiled cake, being a by-product of the main product, did not affect the assessee's eligibility for tax credit. The court dismissed the revisions, affirming the assessee's right to purchase tax credit despite the production of de-oiled cake. en-us Thu, 27 Dec 2012 00:00:00 +0530 Sat, 26 Jul 2014 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=222046 The High Court of Uttarakhand clarified that an assessee was entitled to purchase tax credit only for goods purchased within the State under the Uttarakhand VAT Act. The court ruled that the assessee did not need to segregate products manufactured using rice bran sourced externally for claiming tax credit. Additionally, the production of de-oiled cake, being a by-product of the main product, did not affect the assessee's eligibility for tax credit. The court dismissed the revisions, affirming the assessee's right to purchase tax credit despite the production of de-oiled cake. Case-Laws VAT and Sales Tax Thu, 27 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=222046