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GST - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Input Tax Credit (ITC) - Interpretation of statute - meaning of ...

GST

February 19, 2020

Input Tax Credit (ITC) - Interpretation of statute - meaning of word 'lapse' in Notification No. 20/2018-Central Tax (Rate) - the proviso seeks to lapse only such input tax credit which is the subject matter of principal notification, i.e. accumulated credit on account of inverted duty structure in respect of notified goods - AAR

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