Input Tax Credit - manufacturing loss, but also goods which were ...

Ruling Confirms No Reversal of Input Tax Credit for Inputs Consumed in Manufacturing Despite Invisible Loss.

June 1, 2020

Case Laws VAT and Sales Tax HC

Input Tax Credit - manufacturing loss, but also goods which were traded by the petitioner sold as such - there is no scope for reversal of input tax credit on inputs which get consumed during the course of manufacture as “invisible loss”.

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Input Tax Credit - manufacturing loss, but also goods which were ...

Ruling Confirms No Reversal of Input Tax Credit for Inputs Consumed in Manufacturing Despite Invisible Loss.

June 1, 2020

Case Laws VAT and Sales Tax HC

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