https://www.taxtmi.com/highlights?id=84888 The HC held that the assessing authority and Tribunal were justified in passing a fresh order after remand, as it was an open remand without specific restrictions. Once lubricant became a non-VATable good for traders, the revisionist's claim for input tax credit was rightly rejected, despite judgments cited regarding circulars. The revisionist did not challenge the circular's validity before a competent court. Under revisional jurisdiction, the circular's validity cannot be tested. The classification of goods as VATable or non-VATable determines the input tax credit eligibility. Revision was dismissed. en-us Thu, 16 Jan 2025 08:17:50 +0530 Thu, 16 Jan 2025 08:17:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84888 The HC held that the assessing authority and Tribunal were justified in passing a fresh order after remand, as it was an open remand without specific restrictions. Once lubricant became a non-VATable good for traders, the revisionist's claim for input tax credit was rightly rejected, despite judgments cited regarding circulars. The revisionist did not challenge the circular's validity before a competent court. Under revisional jurisdiction, the circular's validity cannot be tested. The classification of goods as VATable or non-VATable determines the input tax credit eligibility. Revision was dismissed. Highlights VAT / Sales Tax Thu, 16 Jan 2025 08:17:50 +0530 https://www.taxtmi.com/highlights?id=84888