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Sub Rule (8) of Rule 21's Legitimacy Challenged Over State's Lack of Authority for Tax Credit Denial.

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....Denial of Input tax credit - on the date of introduction of sub Rule (8) of Rule 21 of the Rules, the State did not possess any power, emanating from the Act - on the date of introduction of sub Rule (8) of Rule 21 of the Rules, the State did not possess any power, emanating from the Act - HC....