The Telangana Authority of Advance Ruling (AAR) has ruled that IGST paid on imports is eligible to be availed as an Input Tax Credit (ITC) both on intra-state and inter-state sales. The applicant, M/s. Euroflex Transmissions (India) Private Limited, approached the AAR in order to get a clarification on the supply of imported goods directly…
Source Taxscan
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