https://www.taxtmi.com/caselaws?id=247171 Input tax credit under the Rajasthan VAT Act could be denied only where raw materials were used to manufacture goods that were themselves exempted. Reading Notifications S.O.371, S.O.372 and S.O.377 of 09.03.2007 together, the Rajasthan HC noted that asbestos cement sheets and bricks were deleted from Schedule-I, while their manufacturers were placed in Schedule-II and granted exemption subject to conditions. The exemption therefore attached to the manufacturers, not to the goods as exempted goods under Section 2(13). On that construction, Section 18(1)(e) did not bar credit on raw materials, and the disallowance was unsustainable. en-us Thu, 19 Dec 2013 00:00:00 +0530 Tue, 28 Jan 2014 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247171 Input tax credit under the Rajasthan VAT Act could be denied only where raw materials were used to manufacture goods that were themselves exempted. Reading Notifications S.O.371, S.O.372 and S.O.377 of 09.03.2007 together, the Rajasthan HC noted that asbestos cement sheets and bricks were deleted from Schedule-I, while their manufacturers were placed in Schedule-II and granted exemption subject to conditions. The exemption therefore attached to the manufacturers, not to the goods as exempted goods under Section 2(13). On that construction, Section 18(1)(e) did not bar credit on raw materials, and the disallowance was unsustainable. Case-Laws VAT and Sales Tax Thu, 19 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247171