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VAT - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Input tax credit - the case of stock transfer is squarely ...

VAT and Sales Tax

April 6, 2016

Input tax credit - the case of stock transfer is squarely covered by the proviso and no input tax credit is vouchsafed in respect of packing materials used in connection with finished products, which are stock transferred outside the State in course of inter-State trade or commerce - HC

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