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VAT - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Input tax credit - Denial of credit treating the same to be ...

Case Laws     VAT and Sales Tax

December 8, 2018

Input tax credit - Denial of credit treating the same to be excess tax paid on purchase in comparison to the tax payable on such purchase - there is no room to enter into any exercise of interpretation to restrict the plain meaning of the word 'paid' - credit allowed.

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