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VAT - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Eligibility to input tax credit - goods destroyed in flood - ...

Case Laws     VAT and Sales Tax

July 22, 2014

Eligibility to input tax credit - goods destroyed in flood - dealer shall be entitled to input tax credit on the goods destroyed in flood. However, subject to rider that if such dealer is compensated by the Insurance Company to that extent credit will not be allowed - HC

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