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Sandeep Kanoi's C. A. SANDEEP KANOI

A blog for chartered accountants & other account
professionals provide info and updates on indian legal law,
taxation matters, accounting and finace matters.

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How to Calculate Eligible and Reverse Ineligible Input Tax Credit as per Rule 42

Updated 3 Months Ago

As per Section 17 (1) of CGST Act, a registered person can take input tax credit on inputs or input services or both only when they are used for his business pu
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