Some thorny issues in Tax credits in GST - Need for Govt to reform

Madhukar N Hiregange , Last updated: 10 May 2018  
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The credit provisions under GST is an amalgam of the Cenvat Credit provisions with some aspects of ITC borrowed from VAT. The cross credit between State and Central Taxes has been achieved in GST. However the complications have been increased due to too much revenue bias, poor drafting and most tax

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Published by

Madhukar N Hiregange
(Chartered Accountant)
Category GST   Report

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