https://www.taxtmi.com/highlights?id=52124 Reduction of Input Tax Credit - purchases of hides and skins resold in the course of inter-State trade and commerce - denial of reimbursement as per section 15(b) of the CST Act - t the impugned notification does not relate only to declared goods, the entire notification cannot be struck down. However, the notification has to be read down to mean that the non-entitlement to input tax credit provided thereunder shall not be applicable to goods which are both purchased and sold as declared goods. - HC en-us Wed, 04 Mar 2020 11:49:42 +0530 Wed, 04 Mar 2020 11:49:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52124 Reduction of Input Tax Credit - purchases of hides and skins resold in the course of inter-State trade and commerce - denial of reimbursement as per section 15(b) of the CST Act - t the impugned notification does not relate only to declared goods, the entire notification cannot be struck down. However, the notification has to be read down to mean that the non-entitlement to input tax credit provided thereunder shall not be applicable to goods which are both purchased and sold as declared goods. - HC Highlights VAT and Sales Tax Wed, 04 Mar 2020 11:49:42 +0530 https://www.taxtmi.com/highlights?id=52124