https://www.taxtmi.com/forum/issue?id=107554 Dispute over entitlement to Input Tax Credit in job work: a leather tanning unit claims VAT input credit on chemicals while reversing a small percentage and has received a departmental notice. The operative issue is whether ITC is allowable where job work is performed and the taxpayer reports output VAT at a stated proportion of basic bill value, versus the position under the TNVAT Act that pure job work without output tax discharge may preclude ITC. en-us Wed, 05 Nov 2014 19:33:00 +0530 Thu, 23 Jan 2025 15:57:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107554 Dispute over entitlement to Input Tax Credit in job work: a leather tanning unit claims VAT input credit on chemicals while reversing a small percentage and has received a departmental notice. The operative issue is whether ITC is allowable where job work is performed and the taxpayer reports output VAT at a stated proportion of basic bill value, versus the position under the TNVAT Act that pure job work without output tax discharge may preclude ITC. Discussion-Forum VAT / Sales Tax Wed, 05 Nov 2014 19:33:00 +0530 https://www.taxtmi.com/forum/issue?id=107554