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of <h1>Delhi Government Amends VAT Rules: Changes to Tax Credit, Sale Price, and Invoice Adjustments in Rules 6A, 7, 7A, 16, 45.</h1> The notification issued by the Government of the National Capital Territory of Delhi announces amendments to the Delhi Value Added Tax Rules, 2005, under the authority of the Delhi Value Added Tax Act, 2004. Key changes include modifications to rules 6A, 7, 7A, 16, and 45, affecting tax credit reductions, the sale price of goods, and adjustments to tax invoices. Specific amendments involve the non-application of tax credit reduction for goods sold at a loss, changes in tax credit reduction percentages, and the omission of certain sub-rules. Additionally, updates are made to the forms associated with these rules.
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