Rule 6 of CCR, 2004 Restructured - Issues addressed & unaddressed



The basic principle of any VAT system is that credit of duty or tax paid on the input goods or service can be availed only for payment of duty on final products or output services. As a natural corollary, if no duty/tax is payable on final product or output services, credit of duty/tax paid on input
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About the Author

CA

A law graduate from Osmania University and Practicing Advocate at High court. He is also Chartered Accountant and was a Partner in Hiregange Associates LLP before starting of advocate practice. He has cleared Certificate course on IBC conducted by ICAI. He regularly appears before High court of Telangana and Andhra ... Read more

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