Court Rules Input Tax Credit Denied for Fertilizers, Chemicals, and Pesticides in Agriculture u/s 2(6) Definition of 'Business'. https://www.taxtmi.com/highlights?id=19921 Denial of input tax credit - the word ‘business’ as occur in Sub-section (6) of Section 2 is independent and therefore, input tax credit on the purchases such as fertilizers, chemicals, pesticides etc. used in agricultural/horticultural activity cannot be granted. - HC en-us Thu, 04 Sep 2014 17:56:24 +0530 Thu, 04 Sep 2014 17:56:24 +0530 TaxTMI RSS Generator Court Rules Input Tax Credit Denied for Fertilizers, Chemicals, and Pesticides in Agriculture u/s 2(6) Definition of 'Business'. https://www.taxtmi.com/highlights?id=19921 Denial of input tax credit - the word ‘business’ as occur in Sub-section (6) of Section 2 is independent and therefore, input tax credit on the purchases such as fertilizers, chemicals, pesticides etc. used in agricultural/horticultural activity cannot be granted. - HC Highlights VAT and Sales Tax Thu, 04 Sep 2014 17:56:24 +0530 https://www.taxtmi.com/highlights?id=19921