https://www.taxtmi.com/forum/issue?id=109316 Whether Input Tax Credit is recoverable on safety goods used in pharmaceuticals depends on statutory ITC eligibility: credit is allowed only for purchases for resale, use as input in manufacturing, packing materials, capital goods in manufacture, specified inter state sales, or prescribed agency transactions. Safety equipment and related consumables are treated as precautionary/ancillary rather than part of manufacturing and thus not eligible for ITC under this framework, though some judgments have permitted credit leading to conflicting practice. en-us Thu, 22 Oct 2015 09:55:41 +0530 Thu, 23 Jan 2025 15:56:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109316 Whether Input Tax Credit is recoverable on safety goods used in pharmaceuticals depends on statutory ITC eligibility: credit is allowed only for purchases for resale, use as input in manufacturing, packing materials, capital goods in manufacture, specified inter state sales, or prescribed agency transactions. Safety equipment and related consumables are treated as precautionary/ancillary rather than part of manufacturing and thus not eligible for ITC under this framework, though some judgments have permitted credit leading to conflicting practice. Discussion-Forum VAT / Sales Tax Thu, 22 Oct 2015 09:55:41 +0530 https://www.taxtmi.com/forum/issue?id=109316