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    <title>TNVAT - ITC reversal for CST 2% sales</title>
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    <description>Input tax credit reversal obligation arises for inter-state sales effected against C forms, requiring taxpayers to apply a specified formula to reverse the attributable ITC and record the reversal in the prescribed annexure column, and to consider interaction with local tax-paid sales under the input tax credit eligibility provisions.</description>
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      <title>TNVAT - ITC reversal for CST 2% sales</title>
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      <description>Input tax credit reversal obligation arises for inter-state sales effected against C forms, requiring taxpayers to apply a specified formula to reverse the attributable ITC and record the reversal in the prescribed annexure column, and to consider interaction with local tax-paid sales under the input tax credit eligibility provisions.</description>
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      <law>VAT / Sales Tax</law>
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