Input tax credit is admissible if consideration is paid through book adjustment
May 20, 2019
Authority for Advance Ruling, GST
Input tax credit is admissible if consideration is paid through book adjustment. The GST Act and rules does not restrict the claiming of ITC when consideration is paid through book adjustment – AAR ABCAUS Case Law Citation:ABCAUS 2948 (2019) (05) AAR The Applicant was engaged in the manufacturing …