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VAT - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Input Tax credit - denial on the ground that the transactions ...

Case Laws     VAT and Sales Tax

March 4, 2017

Input Tax credit - denial on the ground that the transactions were reflected in retail invoices and not tax invoices and, therefore, did not qualify for credit - the strict interpretation of Section 50(2) in the facts of this case was unwarranted - credit allowed - HC

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