TMI BlogThe legislature is entitled to prescribe the conditions subject to which the taxable person shall be...The legislature is entitled to prescribe the conditions subject to which the taxable person shall be entitled to ITC. When a party fulfills the conditions, as may be prescribed, his entitlement to ITC is crystallized and vested in him. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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