Input Tax Credit Only Granted for Taxable Goods in First Schedule Purchases.

Input Tax Credit Only Granted for Taxable Goods in First Schedule Purchases. https://www.taxtmi.com/highlights?id=28816 Unless the claim for input tax credit relates to the tax paid or payable on the purchase of taxable goods specified in the First Schedule, it is not possible to grant credit - HC en-us Wed, 27 Apr 2016 10:05:25 +0530 Wed, 27 Apr 2016 10:05:25 +0530 TaxTMI RSS Generator Input Tax Credit Only Granted for Taxable Goods in First Schedule Purchases. https://www.taxtmi.com/highlights?id=28816 Unless the claim for input tax credit relates to the tax paid or payable on the purchase of taxable goods specified in the First Schedule, it is not possible to grant credit - HC Highlights VAT and Sales Tax Wed, 27 Apr 2016 10:05:25 +0530 https://www.taxtmi.com/highlights?id=28816