https://www.taxtmi.com/caselaws?id=407789 Goods used in the execution of a works contract may still be treated as a sale for VAT purposes, even where their value is shown separately, but that characterisation does not expand the input tax credit available under the statute. For spare parts and lubricants used in two-wheeler servicing and repair work, the court applied the specific works contract credit restriction and held that the dealer's entitlement remained confined to 75%, not 100%. The fact that the goods were capable of being treated as sales did not override the express statutory cap governing workshop repair transactions. en-us Tue, 29 Dec 2020 00:00:00 +0530 Fri, 21 May 2021 08:30:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407789 Goods used in the execution of a works contract may still be treated as a sale for VAT purposes, even where their value is shown separately, but that characterisation does not expand the input tax credit available under the statute. For spare parts and lubricants used in two-wheeler servicing and repair work, the court applied the specific works contract credit restriction and held that the dealer's entitlement remained confined to 75%, not 100%. The fact that the goods were capable of being treated as sales did not override the express statutory cap governing workshop repair transactions. Case-Laws VAT and Sales Tax Tue, 29 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407789