2015 (8) TMI 959

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....Jain, Deputy Advocate-General, for the respondent JUDGMENT Heard the learned counsel for the parties on I.A. No. 3599 of 2014, an application filed seeking disposal of the matter in the light of the judg ments rendered by a coordinate Bench of this court. This appeal has been admitted for considering the following substantial question of law: "Whether input credit of taxes paid on the ....

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....e Supreme Court in para 13 has crystallized the legal principles in the following manner (pages 46 and 47 in 70 VST): "From the aforesaid finding of the honourable Supreme Court, it is clear that manufacturer is eligible to the benefit of set-off on the entire amount of tax paid on purchase of raw material and principle of apportionment could not be invoked. In the facts and circumstances of th....