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Whether Input Tax Credit is available for Inter-State Transaction?

April 26, 2017input inter-state tax credit transaction

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Whether Input Tax Credit is available for Inter-State Transaction?

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Input tax credit will be given for both manufacturer and traders for purchase of inputs/supplies meant for sale within Himachal Pradesh, However even for stock transfer/ sale of goods out of the State, input tax paid in excess of 4% will be eligible for tax credit.