GST: Madras High Court Narrows Scope Of Transitional Credit
A customer withdraws a stack of rupee notes at a bank branch in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

GST: Madras High Court Narrows Scope Of Transitional Credit

Unutilised cess credit from the erstwhile indirect tax regime cannot be used to set off goods and services tax liability, the Madras High Court has held. Taxpayers were hoping for some relief from ...
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