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of <h1>Input Tax Credit Allowed for Mandatory Employee Services in Maharashtra Under MGST Act 2017.</h1> The Government of Maharashtra, under the Maharashtra Goods and Services Tax Act, 2017, specifies that input tax credit for services such as rent-a-cab, life insurance, and health insurance is available if these services are mandatory for employers to provide to their employees under existing laws. This notification, identified as No. MGST-1017/C.R. 103 (21)/Taxation-1, was issued by the Finance Department and takes effect on July 1, 2017.
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