Ineligible Input Tax Credit (ITC) and Reverse Charge Mechanism (RCM) - Practical Understanding & Compliance
WHETHER VAT TAX IS APPLICABLE FOR CLOTHS (UNSTICHED)....? TURNOVER IS ONLY THE CRITERIA FOR DECIDING APPLICABILITY
four percent, provided the inputs are other than named as "cloth"
SINCE I AM A RETAILER & DEAL IN CLOTHS [UNSTICHED] ONLY SO AS PER UR COMMENT NO VAT APPLICABLE ON ME
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