No Input Tax Credit under PVAT Act on Purchase of Diesel used for capitve generation of electric power - Punjab and Haryana High Court

0 comments Saturday, October 16, 2010
The Honourable Punjab and Haryana High court has held in an important decision in the case of
State of Punjab & others.
M/s Malwa Cotton & Spinning Mills Ltd.(decided on 24/08/2010)
reversing the decision of the Punjab VAT Tribunal that no input tax credit will be available on the purchase of  Diesel used in generation of electric power for capitve use in the factory under clause (i) of section 13(5).

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