No provision for Calculation of ITC Apportionment under UP VAT as that of Karnataka VAT: Supreme Court restores Order of Commercial Tax Tribunal allowing ITC [Read Judgement]

By Yogitha S. Yogesh - On November 14, 2023 11:53 am - 3 mins read

Karnataka VAT - Karnataka Value Added Tax - Supreme Court restores Order - Commercial Tax Tribunal - Commercial Tax Tribunal allowing ITC - TAXSCAN

The Supreme Court of India restored the order of the Commercial Tax Tribunal allowing Input Tax Credit (ITC) as there was no provision for calculation of ITC apportionment under Uttar Pradesh Value Added Tax Act, 2008 (‘the UP VAT Act’) as that of Karnataka Value Added Tax Act, 2003. Modi Naturals Ltd, the assessee filed…

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