Input tax credit blocked for even minor lapses : vimarsana.c

The tax department is claiming that there could be circular trading or other frauds in many of these cases as tax credits are not tallying, but legal experts say blanket rejection of tax credit will lead to litigations and increase cash flow issues of companies.

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Abhisheka Rastogi , Khaitan Co , , Gst Framework , Tax Department , Ngst , Input Tax Credit , Taxman , அபிஷேக ரஸ்டோகி , கைதன் இணை , வரி துறை , க்ஸ்ட் , உள்ளீடு வரி கடன் , வரி செலுத்துவோர் ,