https://www.taxtmi.com/highlights?id=57451 Reversal of Input Tax Credit (ITC) on furnace oil and LSHS oil - the furnace oil was used in the process of manufacturing of the final product and it has to be treated only as an input tax credit and that therefore, the input tax paid on the purchase of furnace oil can be claimed as input tax credit - HC en-us Sat, 03 Apr 2021 08:45:31 +0530 Sat, 03 Apr 2021 08:45:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57451 Reversal of Input Tax Credit (ITC) on furnace oil and LSHS oil - the furnace oil was used in the process of manufacturing of the final product and it has to be treated only as an input tax credit and that therefore, the input tax paid on the purchase of furnace oil can be claimed as input tax credit - HC Highlights VAT and Sales Tax Sat, 03 Apr 2021 08:45:31 +0530 https://www.taxtmi.com/highlights?id=57451