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ITC Admissible On Sale And Buyback Transactions When Payment Is Settled Through Book Adjustment: AAR

The West Bengal Authority of Advance Ruling (AAR) has held that in cases of sale and buyback transactions, the input tax credit is admissible in respect of goods purchased from outsourced vendors when. ....

Tanisha Dutta , Joyjit Banik , Bengal Authority Of Advance Ruling , West Bengal Authority , Advance Ruling , West Bengal , Indian Accounting Standard , Uyback Transactions ,