The ruling thus put an end to the uncertainty on allowing Input Tax Credit (ITC) on input service in inverted tax structure under the Goods & Services Tax (GST) while computing refund.
The uncertainty arose after the high courts of Gujarat and Madras gave contradictory verdicts on the subject.
According to Moneycontrol Input Tax Credit and inverted tax structure under the GST, the contradictory rulings by the high courts and the top court’s verdict.
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