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When Input Tax Credit Can not be Claimed? - TaxationPk - 12-14-2024
When Input Tax Credit Can not be Claimed?
The Sales Tax Act, 1990, outlines specific restrictions on the input tax credit that registered persons can claim. This article provides a comprehensive overview of these restrictions and their implications for taxpayers. Key Restrictions: Non-Taxable Supplies: Input tax cannot be claimed on goods or services used for non-taxable supplies. Specified Goods and Services: The Federal […]
https://taxationpk.com/when-input-tax-credit-can-not-be-claimed/