https://www.taxtmi.com/caselaws?id=367378 Input tax credit under Section 11(3)(a)(vii) of the Gujarat Value Added Tax Act, 2003 was claimed on purchases of cement, sand, steel, grit, concrete and similar materials used to manufacture capital goods. The Gujarat HC held that the issue was already covered by an earlier Division Bench decision affirmed by the Supreme Court, so no contrary view could be taken. The court therefore followed the binding precedent, answered the issue against the Revenue and in favour of the assessee, dismissed the tax appeal, and held that the connected civil application did not survive. en-us Wed, 08 Aug 2018 00:00:00 +0530 Thu, 20 Sep 2018 08:19:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367378 Input tax credit under Section 11(3)(a)(vii) of the Gujarat Value Added Tax Act, 2003 was claimed on purchases of cement, sand, steel, grit, concrete and similar materials used to manufacture capital goods. The Gujarat HC held that the issue was already covered by an earlier Division Bench decision affirmed by the Supreme Court, so no contrary view could be taken. The court therefore followed the binding precedent, answered the issue against the Revenue and in favour of the assessee, dismissed the tax appeal, and held that the connected civil application did not survive. Case-Laws VAT and Sales Tax Wed, 08 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367378