AdvertisementTransworld Star Manjushree Vs Addl. Commissioner of Commercial Taxes (Karnataka High Court) The Karnataka High Court considered two appeals filed by a common assessee challenging the revisional authority’s order disallowing Input Tax Credit (ITC) claimed on purchases made from M/s Ashapura Metal Corporation and JAS Modular Systems during the Financial Year 2014-15. The appellant had purchased goods from the two selling dealers for Rs.1,58,76,115/- and Rs.2,40,03,328/-, respectively, on which VAT at 14.5% was charged. The appellant claimed ITC on these purchases. Following inspection of the b...