https://www.taxtmi.com/caselaws?id=343819 Dry dock and fit out berth used in ship-building were treated as plant and, therefore, capital goods under the Gujarat Value Added Tax Act because they performed an essential functional role in the business; on that basis, input tax credit on cement, steel, sand, concrete and similar construction materials was allowed on a purposive reading of the scheme. LPG and acetylene gas were also accepted as eligible inputs where used in the manufacturing process, as they could not be denied credit merely by being labelled fuel. The resulting position was that the dealer's input tax credit claims were upheld on all the issues addressed. en-us Mon, 10 Apr 2017 00:00:00 +0530 Wed, 28 Mar 2018 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343819 Dry dock and fit out berth used in ship-building were treated as plant and, therefore, capital goods under the Gujarat Value Added Tax Act because they performed an essential functional role in the business; on that basis, input tax credit on cement, steel, sand, concrete and similar construction materials was allowed on a purposive reading of the scheme. LPG and acetylene gas were also accepted as eligible inputs where used in the manufacturing process, as they could not be denied credit merely by being labelled fuel. The resulting position was that the dealer's input tax credit claims were upheld on all the issues addressed. Case-Laws VAT and Sales Tax Mon, 10 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343819