https://www.taxtmi.com/forum/issue?id=111802 Reversal of VAT input tax credit for branch transfers hinges on apportionment: whether inputs used solely for PPC should be allocated against PPC turnover only or against combined cement turnover (OPC 43, OPC 53, PPC) when applying the Branch Transfer Ratio formula for VAT ITC reversal. en-us Thu, 20 Apr 2017 10:20:00 +0530 Thu, 23 Jan 2025 15:55:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111802 Reversal of VAT input tax credit for branch transfers hinges on apportionment: whether inputs used solely for PPC should be allocated against PPC turnover only or against combined cement turnover (OPC 43, OPC 53, PPC) when applying the Branch Transfer Ratio formula for VAT ITC reversal. Discussion-Forum VAT / Sales Tax Thu, 20 Apr 2017 10:20:00 +0530 https://www.taxtmi.com/forum/issue?id=111802