High Court of Karnataka Allows Revision Petition in Input Tax Credit Dispute Under KVAT Act — Sunflower De-oiled Cake Held Taxable as 'Goods' Under Schedule Entry. The court held that the residue Sunflower De-oiled Cake is a taxable manufactured product under the Schedule to the Karnataka Value Added Tax Act, 2003, entitling the assessee to full input tax credit.
17 Jul 2014The assessee, M/s M K Agro Tech (P) Ltd, a private limited company engaged in extraction and sale of refined sunflower oil from sunflower oil cake usi...
