What would be input tax eligibility in case where the goods and/or services supplied by a registered taxable person become absolutely exempt?
Question 11
Bill
Input Tax Credit
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 11. What would be input tax eligibility in case where the goods and/or services supplied by a registered taxable person become absolutely exempt?
Ans. As per section 16(12) of the MGL, the registered taxable person who supplies goods and / or services
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