Input tax credit availability clarified by omission of the proviso to section 12(8), removing prior ambiguity in entitlement. The amendment omits the proviso to sub section (8) of section 12 of the Integrated Goods and Services Tax Act, removing uncertainty and clarifying the ... Summary
Input tax credit availability clarified by omission of the proviso to section 12(8), removing prior ambiguity in entitlement.
The amendment omits the proviso to sub section (8) of section 12 of the Integrated Goods and Services Tax Act, removing uncertainty and clarifying the conditions for availment of input tax credit and related matters under that provision.
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