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GST Update: Duty Credit Scrips Now Part of Exempt Supplies for Input Tax Credit Calculations u/r 43.

Exclusions from the aggregate value of exempt supplies - "value of supply of Duty Credit Scrips" added to the list - Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases - Rule 43 of the Central Goods and Services Tax Rules, 2017 .....

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