https://www.taxtmi.com/caselaws?id=421368 The Court held that the loader and tipper, integral to the manufacturing process within the mining area, qualify as capital goods under Section 2(f) of the U.P. VAT Act, entitling the applicant to Input Tax Credit (ITC). The case was remanded to the Tribunal to determine if the mining and crushing operations were conducted captively, with a directive to expedite the decision within three months. The Court emphasized the integrated use of the loader and tipper in the manufacturing process, expecting the Tribunal to consider this aspect in their decision. en-us Wed, 20 Apr 2022 00:00:00 +0530 Fri, 22 Apr 2022 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421368 The Court held that the loader and tipper, integral to the manufacturing process within the mining area, qualify as capital goods under Section 2(f) of the U.P. VAT Act, entitling the applicant to Input Tax Credit (ITC). The case was remanded to the Tribunal to determine if the mining and crushing operations were conducted captively, with a directive to expedite the decision within three months. The Court emphasized the integrated use of the loader and tipper in the manufacturing process, expecting the Tribunal to consider this aspect in their decision. Case-Laws VAT and Sales Tax Wed, 20 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421368