Input Tax Credit Valid Even If Assessees Aren't Dealers in Same Commodity; DEPB Scrips Affecting Costs Are Eligible.

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....Input tax credit - it is not necessary that the Assessees have to be dealers in the same commodity, i.e. the DEPB scrips - As long as it is shown that use of the DEPB scrip has impacted the cost of the product that is sold, either directly or indirectly, the credit of the input tax paid on the DEPB scrip cannot be denied to the Assessees - HC....