ITC disallowed U/S.17(5) on Cement & MS rods


16 March 2024 Received a SCN U/S.74 dt.14.12.2023 for FY 2017-18 disallowing ITC on purchase of cement and MS rods. Although cement and ms rods were sold by us and outpaid paid on the same. How to proceed into the matter ? Is the said SCN issued within limitation period ?

16 March 2024 Reply as it's our business transaction...



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