The legislature is entitled to prescribe the conditions subject ...
Legislature Sets Conditions for Taxable Person's Input Tax Credit Entitlement; Rights Secure Upon Meeting Conditions.
April 8, 2017
Case Laws VAT and Sales Tax HC
The legislature is entitled to prescribe the conditions subject to which the taxable person shall be entitled to ITC. When a party fulfills the conditions, as may be prescribed, his entitlement to ITC is crystallized and vested in him. - HC
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