https://www.taxtmi.com/caselaws?id=162909 A strict reading of rule 20(2)(b) confines the fuel exclusion from input tax credit to fuels used for automobiles, captive power generation, or power plants; Low Sulphur Heavy Stock and Liquefied Petroleum Gas did not fall within that limited disqualification. Schedule VI likewise lists petroleum products through specific entries, showing that it does not treat all petroleum products as a single class; these goods were not covered by any listed entry. On that basis, input tax credit under section 13(1) could not be denied and the consequential refusal of refund was unsustainable. en-us Mon, 20 Aug 2007 00:00:00 +0530 Tue, 30 Dec 2014 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162909 A strict reading of rule 20(2)(b) confines the fuel exclusion from input tax credit to fuels used for automobiles, captive power generation, or power plants; Low Sulphur Heavy Stock and Liquefied Petroleum Gas did not fall within that limited disqualification. Schedule VI likewise lists petroleum products through specific entries, showing that it does not treat all petroleum products as a single class; these goods were not covered by any listed entry. On that basis, input tax credit under section 13(1) could not be denied and the consequential refusal of refund was unsustainable. Case-Laws VAT and Sales Tax Mon, 20 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162909