https://www.taxtmi.com/caselaws?id=262875 Input tax credit under the VAT scheme depends on business use of the goods and the specific statutory restrictions, not on a strict one-to-one link between a particular activity and output tax on that activity. Consumables used in job work remain eligible for deduction if used in the dealer's business, subject to the Act's restrictions. Eligibility for capital goods and electrical or electronic goods turns on their actual use under the Fifth Schedule, making the issue factual and suitable for assessment on remand. Input tax rebate is not automatically available for goods despatched or sold outside the State; entitlement must be tested against section 11(5) and the proved facts. en-us Mon, 17 Feb 2014 00:00:00 +0530 Fri, 21 Aug 2015 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262875 Input tax credit under the VAT scheme depends on business use of the goods and the specific statutory restrictions, not on a strict one-to-one link between a particular activity and output tax on that activity. Consumables used in job work remain eligible for deduction if used in the dealer's business, subject to the Act's restrictions. Eligibility for capital goods and electrical or electronic goods turns on their actual use under the Fifth Schedule, making the issue factual and suitable for assessment on remand. Input tax rebate is not automatically available for goods despatched or sold outside the State; entitlement must be tested against section 11(5) and the proved facts. Case-Laws VAT and Sales Tax Mon, 17 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262875