Whether assessee is entitled to avail Input Tax Credit on purchase of DEPB Scrips?

Nischal Agarwal

Whether assessee is entitled to avail Input Tax Credit on purchase of Duty Entitlement Pass Book (DEPB) Scrips?

The issue is no longer res integra as it has been decided by Hon’ble Delhi High Court in case of Jagriti Plastics Limited vs Commissioner of Trade & Taxes, [ST. Appl 5/2015], pronounced on 01^st October, 2015.

Facts of the case

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