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Reversal of Input Tax Credit (ITC) - whatever be the effect of ...


Reversal of ITC Due to Retrospective Cancellation Doesn't Affect Those Who Relied on Valid Registration.

March 2, 2017

Case Laws     VAT and Sales Tax     HC

Reversal of Input Tax Credit (ITC) - whatever be the effect of retrospective cancellation upon the selling dealer, it can have no effect upon any person, who has acted upon the strength of a registration certificate, when such certificate was alive - HC

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