Revision of input tax credit reference limits recovery provision to periods up to the prior financial year, altering scope of applicability. Amendment revises the statutory cross reference in the input tax credit allocation provision by substituting prior multiple recovery references with a confined reference to the recovery provision for periods up to the prior financial year, and commences on the first day of November, 2024 by notification.
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Provisions expressly mentioned in the judgment/order text.
Revision of input tax credit reference limits recovery provision to periods up to the prior financial year, altering scope of applicability.
Amendment revises the statutory cross reference in the input tax credit allocation provision by substituting prior multiple recovery references with a confined reference to the recovery provision for periods up to the prior financial year, and commences on the first day of November, 2024 by notification.
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