Kumaran Oil Mill ., In re
Date: September 28, 2020
Subject Matter
Proportionate claim of input tax credit for procurement of capital goods can be made for power generation business
Summary
The applicant are engaged in the business of Edible Oil and are starting a new business which deals in ‘Generation and Distribution of Renewable Energy’. The applicant has stated that they have been permitted by the TANGEDCO to establish…
At the outset, we would like to make it clear that the provisions of both the Central Goods and Service Tax Act and the Tamil Nadu Goods and Service Tax Act are the same except for certain provisions. Therefore, unless a mention is specifically made to such dissimilar provisions, a reference to the Central Goods and Service Tax Act would also mean a reference to the same provisions under the Tamil…