High Court Rules Denial of ITC for Castor Oil Seed Purchases Under GVAT Incorrect; Waste Used as Fuel Not Grounds for Denial. https://www.taxtmi.com/highlights?id=27492 Denial of Input Tax and Credit (ITC)- GVAT - purchase of castor oil seeds for production of castor oil - Only the waste is used as fuel and that too again in the manufacturing process of oil. - Credit cannot be denied - HC en-us Thu, 25 Feb 2016 23:18:41 +0530 Thu, 25 Feb 2016 23:18:41 +0530 TaxTMI RSS Generator High Court Rules Denial of ITC for Castor Oil Seed Purchases Under GVAT Incorrect; Waste Used as Fuel Not Grounds for Denial. https://www.taxtmi.com/highlights?id=27492 Denial of Input Tax and Credit (ITC)- GVAT - purchase of castor oil seeds for production of castor oil - Only the waste is used as fuel and that too again in the manufacturing process of oil. - Credit cannot be denied - HC Highlights VAT and Sales Tax Thu, 25 Feb 2016 23:18:41 +0530 https://www.taxtmi.com/highlights?id=27492