High Court of Karnataka Dismisses Appeal in Sales Tax Input Tax Credit Dispute — Furnace Oil Not Eligible for Input Tax Credit Under KST Act. Furnace oil used as fuel in manufacturing process does not qualify as 'raw material' or 'input' for input tax credit under Section 15 of Karnataka Sales Tax Act, 1957.
8 Sep 2014The appellant, M/s. Shantadurga Petro Chemicals, a trader registered under the Karnataka Sales Tax Act, 1957 (KST Act), purchased furnace oil worth Rs...




