https://www.taxtmi.com/notifications?id=118045 Rule 6A excludes proportionate reduction of input tax credit where goods are sold at a loss or where a credit note is issued after the tax invoice. Rule 7 mandates a 100% credit denial for goods in the Second Schedule and a reduction of (2/R x 100) percent for other goods, where R is the tax rate. Rule 45(e) requires reporting of variations to tax amounts on invoices when adjustments to tax credit arise under sections 8(1) and 8(2). Forms DVAT 01, 04A, 11, 16, 16A and 17 are revised to capture stock, credit note and rate wise details. en-us Wed, 12 Aug 2015 00:00:00 +0530 Tue, 18 Aug 2015 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=118045 Rule 6A excludes proportionate reduction of input tax credit where goods are sold at a loss or where a credit note is issued after the tax invoice. Rule 7 mandates a 100% credit denial for goods in the Second Schedule and a reduction of (2/R x 100) percent for other goods, where R is the tax rate. Rule 45(e) requires reporting of variations to tax amounts on invoices when adjustments to tax credit arise under sections 8(1) and 8(2). Forms DVAT 01, 04A, 11, 16, 16A and 17 are revised to capture stock, credit note and rate wise details. Notifications VAT - Delhi Wed, 12 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=118045