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GST Rate reduction - is it really a bonanza for registered suppliers?


Whether refund of accumulated input tax credit admissible for reduction in GST rate

in case of reduction in rate of tax on an item obviously the rate of tax on inputs would be higher than the rate of tax on out put supplies hence the same would be eligible for refund in my opinion

CA Ashish Kr Bansal

ashish bansal 29/11/2017

 

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