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VAT - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Unless the claim for input tax credit relates to the tax paid or ...


Input Tax Credit Only Granted for Taxable Goods in First Schedule Purchases.

April 27, 2016

Case Laws     VAT and Sales Tax     HC

Unless the claim for input tax credit relates to the tax paid or payable on the purchase of taxable goods specified in the First Schedule, it is not possible to grant credit - HC

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