Input tax credit
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Understanding Input Tax Credit: A Comprehensive Guide
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Input Tax Credit refers to the credit a business can claim for the Goods and Services Tax (GST) paid on inputs (goods or services) used to produce ...

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Understanding Input Tax Credit (ITC) on Diwali Gifts: What’s Eligible and What’s Not
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As Diwali approaches, businesses often celebrate by distributing gifts like sweets, cookies, clothes, firecrackers, and sometimes even bigger items like cars ...

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