https://www.taxtmi.com/caselaws?id=166316 Input tax credit under the Karnataka Value Added Tax Act was held unavailable for fertilizers, pesticides, chemicals and agricultural machinery used in cultivating tea and coffee plantations. The court reasoned that the relevant business was manufacture and processing of tea and coffee for sale, while plantation cultivation was a separate activity and lacked the necessary nexus with the taxable business. Construing "business" as trade, commerce, manufacture and activities incidental or ancillary thereto, the court declined to extend "input" or "any other use in business" to cultivation inputs. The claimed credit therefore failed because goods used in plantation activity were not treated as inputs purchased in the course of business. en-us Thu, 16 Aug 2012 00:00:00 +0530 Wed, 17 Sep 2014 16:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166316 Input tax credit under the Karnataka Value Added Tax Act was held unavailable for fertilizers, pesticides, chemicals and agricultural machinery used in cultivating tea and coffee plantations. The court reasoned that the relevant business was manufacture and processing of tea and coffee for sale, while plantation cultivation was a separate activity and lacked the necessary nexus with the taxable business. Construing "business" as trade, commerce, manufacture and activities incidental or ancillary thereto, the court declined to extend "input" or "any other use in business" to cultivation inputs. The claimed credit therefore failed because goods used in plantation activity were not treated as inputs purchased in the course of business. Case-Laws VAT and Sales Tax Thu, 16 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166316