The Authority of Advance Ruling in Karnataka has ruled that, the applicant is not eligible to avail input tax credit ( ITC ) on the inward supplies of goods and services which are attributable to the incentives provided in the form of gifts of goods and services to the painters and dealers and other persons […]
The post No ITC on Inward supplies of Goods and Services given as Incentives in the form of Gifts: AAR [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/363f5Is
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