TMI BlogInput tax credit - Denial of credit treating the same to be excess tax paid on purchase in comparison to...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. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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