https://www.taxtmi.com/caselaws?id=162045 Input tax credit under the Bihar Value Added Tax Act, 2005 is confined to tax paid or payable under that Act and accrues only within the statutory conditions and restrictions in section 16. The Act and Rules do not provide any mechanism for using that credit to discharge Central sales tax liability, and the prescribed return form also contains no such adjustment facility. Accordingly, Central sales tax payable on inter-State sales cannot be set off against input tax credit under the Bihar Value Added Tax Act, 2005 or the Bihar Value Added Tax Rules, 2005. en-us Thu, 24 Aug 2006 00:00:00 +0530 Fri, 14 Feb 2014 18:17:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162045 Input tax credit under the Bihar Value Added Tax Act, 2005 is confined to tax paid or payable under that Act and accrues only within the statutory conditions and restrictions in section 16. The Act and Rules do not provide any mechanism for using that credit to discharge Central sales tax liability, and the prescribed return form also contains no such adjustment facility. Accordingly, Central sales tax payable on inter-State sales cannot be set off against input tax credit under the Bihar Value Added Tax Act, 2005 or the Bihar Value Added Tax Rules, 2005. Case-Laws VAT and Sales Tax Thu, 24 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162045