20% Formula for Input Credit - Is History repeating itself?

Seetharaman K C , Last updated: 23 October 2019  
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The Central Board of Indirect Taxes and Customs issued notification no 49/2019 dated 09-10-2019, amending the rules for claiming Input Tax Credit wherein the government has capped the ITC that a registered person can claim. Amending the Central Goods and Services Tax Rules, 2017 by inserting

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Published by

Seetharaman K C
(Chartered Accountant)
Category GST   Report

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