Amendment of section 34.

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..... sub-section (2), for the proviso, the following proviso shall be substituted, namely:-- "Provided that no reduction in output tax liability of the supplier shall be permitted, if the-- (i) input t .....

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..... rovide for the requirement of reversal of corresponding input tax credit in respect of a credit-note, if availed, by the registered recipient, for the purpose of reduction of tax liability of the supp .....

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