TMI BlogInput tax credit - The registered dealers are not permitted to claim the input tax credit on the basis...Input tax credit - The registered dealers are not permitted to claim the input tax credit on the basis of the VAT Form 240 without filing the return. When the statutory provision mandates compliance in a particular manner, it should be done in that particular way alone not by any other method. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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