https://www.taxtmi.com/caselaws?id=257240 Input tax set-off under the VAT scheme was held available on the full purchase of raw material used in a composite manufacturing process, even though part of the output was a tax-free by-product, because the statute did not require quantitative apportionment of the rebate. The revenue's attempt to reduce the credit on an output-mix basis was unsustainable. The court also noted that the existence of an alternate statutory remedy did not bar writ relief where the departmental position was already settled and further resort to the remedy would have been a futile formality. The assessment was set aside and reassessment ordered in line with these findings. en-us Wed, 29 May 2013 00:00:00 +0530 Thu, 05 Mar 2015 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257240 Input tax set-off under the VAT scheme was held available on the full purchase of raw material used in a composite manufacturing process, even though part of the output was a tax-free by-product, because the statute did not require quantitative apportionment of the rebate. The revenue's attempt to reduce the credit on an output-mix basis was unsustainable. The court also noted that the existence of an alternate statutory remedy did not bar writ relief where the departmental position was already settled and further resort to the remedy would have been a futile formality. The assessment was set aside and reassessment ordered in line with these findings. Case-Laws VAT and Sales Tax Wed, 29 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257240