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Treatment of the amount recovered or refunded in pursuance of assessment or adjudication proceedings

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....or adjudication proceedings instituted, whether before, on or after the appointed day, under the earlier law, any amount of tax, interest, fine or penalty becomes recoverable from the taxable person after the appointed day, the same shall be recovered as an arrear of tax under this Act and the amount so recovered shall not be admissible as input tax credit under this Act. (CGST Law) (1) Where i....

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Treatment of the amount recovered or refunded in pursuance of assessment or adjudication proceedings