ITC Reversal on Non-Payment to vendors within 180 days

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As Per Section 16 of CGST Act 2017, the registered person is entitled to take Credit of Input tax charged on any supply of goods or services to him, which are used or intended to be used in the course or furtherance of his Business. If all other conditions are satisfied registered person shall be
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Chirag

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Practicing Chartered

Practicing Chartered Accountant based in Raipur

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