Can ITC be claimed by a recipient for tax paid on advance given to supplier which was later forfeited due to cancellation of contract by the recipient and where no invoice was issued neither the goods/services were delivered ?
Can ITC be claimed by a recipient for tax paid on advance given to supplier which was later forfeited due to cancellation of contract by the recipient and where no invoice was issued neither the goods/services were delivered ?
Aggarwal Sarawagi and Co
New Delhi
CA
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CAclubindia
