Input tax credit denied where supplier is under composition scheme and cannot issue a tax invoice. A purchaser is not entitled to claim input tax credit for composition tax paid to a composition-scheme registered supplier because that supplier cannot ... Summary
Input tax credit denied where supplier is under composition scheme and cannot issue a tax invoice.
A purchaser is not entitled to claim input tax credit for composition tax paid to a composition-scheme registered supplier because that supplier cannot issue a tax invoice, and the lack of a tax invoice prevents claiming the composition levy as input tax credit.
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