Input Tax Credit (ITC) under GST

Arpit verma , Last updated: 03 February 2017  
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Introduction Input Tax Credit is the backbone of this whole GST mechanism. GST is nothing but a value added tax on goods services combined. It is the provisions of Input Tax Credit that make GST a value added tax i.e. collection of tax at all points after allowing credit for the inputs. As per t

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Arpit verma
(Indirect tax)
Category GST   Report

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