Andhra Pradesh HC Allows ITC Availment to Pepsi Manufacturers on Refrigerators, Coolers, Freezers [Read Order]

The court ruled that the revision petitioner's payment was refundable up to the input tax credit amount for the refrigerators and coolers
Pepsi ITC - AP High Court - Input Tax Credit - taxscan

The Andhra Pradesh High Court has held that the soft drinks manufacturers under the brand name of Pepsi are eligible for Input Tax Credit (ITC) on refrigerators, coolers, and freezers. Read More:  CESTAT Sets Aside ₹7.16 Crore Penalty u/s 78 for Delayed Service Tax Payment Finding No Evidence of Suppression M/s. Pearl Beverages Limited, the…

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