Top Tweets for #RIPITC
We thaught 16(2)(aa) is last nail in Coffin, and then they have come up with New Section 38.
#Budget2022
#RIPGST
#RIPITC
It could have simply written in place of such detailed and newly Inserted Section 38 in CGST Act by Finance Bill 2022-
"Section 38- We will not give ITC and will Block it anyway in the manner as may be prescribed.."
#Budget2022 “seamless” flow of ITC has been substituted with “seems less” flow under GST. No more it looks a value addition tax.#RIPITC
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