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tax benefits

Unlocking GST: A Deep Dive into ITC Restrictions – Explore Why You Can’t Claim Input Tax Credit in These Scenarios

Certainly! Here’s a detailed guide on cases where Input Tax Credit (ITC) under the Goods and Services Tax (GST) in India cannot be availed, focusing on various categories like motor vehicles, food and beverages, insurance services, membership fees, and more, along with examples for better understanding: 1. Motor Vehicles and Conveyances Input Tax Credit cannot […]

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