TMI BlogCENVAT Credit Allowed for Shortages Within Tolerance Limits Certified by Accountants; Challenges Deemed Unreasonable by Tax Authorities.CENVAT credit - If the shortages are within the tolerance limits fixed by an efficient management and certified to as within the norms by qualified accounting professionals, it would be unreasonable and unfair for tax authorities to take a different view - credit allowed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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