https://www.taxtmi.com/caselaws?id=421368 Loader and tipper used only within the mining area to move boulders to the crushing plant and load them for crushing were treated as capital goods eligible for input tax credit under the U.P. VAT Act. The Court held that the statutory definition of capital goods covers machinery and equipment used to lift or move goods within the relevant premises, and the exclusion for vehicles transporting goods or passengers cannot be stretched to cover equipment forming an integral part of an interdependent mining and crushing process. The mining and crushing activity was found to be one integrated operation, so the assessee was entitled to input tax credit. 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 Loader and tipper used only within the mining area to move boulders to the crushing plant and load them for crushing were treated as capital goods eligible for input tax credit under the U.P. VAT Act. The Court held that the statutory definition of capital goods covers machinery and equipment used to lift or move goods within the relevant premises, and the exclusion for vehicles transporting goods or passengers cannot be stretched to cover equipment forming an integral part of an interdependent mining and crushing process. The mining and crushing activity was found to be one integrated operation, so the assessee was entitled to input tax credit. Case-Laws VAT and Sales Tax Wed, 20 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421368