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    <title>Allowability of input tax credit on diesel</title>
    <link>https://www.taxtmi.com/forum/issue?id=5468</link>
    <description>Input tax credit on diesel used as fuel for generation of electricity for manufacturing is disallowed. The central excise input definition excludes high speed diesel and petrol as inputs, and HVAT Schedule E treats petroleum products used as fuel as goods for which input tax shall be nil, preventing ITC on diesel used as fuel.</description>
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    <pubDate>Fri, 22 Mar 2013 22:40:08 +0530</pubDate>
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      <title>Allowability of input tax credit on diesel</title>
      <link>https://www.taxtmi.com/forum/issue?id=5468</link>
      <description>Input tax credit on diesel used as fuel for generation of electricity for manufacturing is disallowed. The central excise input definition excludes high speed diesel and petrol as inputs, and HVAT Schedule E treats petroleum products used as fuel as goods for which input tax shall be nil, preventing ITC on diesel used as fuel.</description>
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      <law>VAT / Sales Tax</law>
      <pubDate>Fri, 22 Mar 2013 22:40:08 +0530</pubDate>
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