High Court Orders Tax Department to Allow VAT Credit Transition for Auto Financing Firm in Telangana.

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....Transition of VAT Credit - the credit of the amount in Form GSTR-3B not allowed - petitioner contends that, it is into the business of non-banking financial company engaged in financing automobiles in the form of loans and financial leases to its customer and has operations in 14 States across India, including in the State of Telangana - Department directed to allow the credit - HC....