AAR : Disallows credits on vehicles used as mobile cotton labs for testing cotton quality

Andhra Pradesh AAR holds the applicant ineligible for claiming ITC on purchase of vehicles used as mobile cotton labs for purpose of testing quality of cotton; Rejects applicant’s contention that business itself is testing and lab (launched on vehicles) are to be considered as prime business components, without which there cannot be any supply of service, hence, ITC is exigible; Referring to Section 17(5), clarifies that the said goods do not fall under the exceptions refer...