Input Tax Credit Issues That Continue To Trouble Businesses

The substantial liability of the purchaser to prove the genuineness of each transaction The unavailability of credit for construction services, even when they are in furtherance of business. Refusal to grant ITC for CSR activities, despite the fact that it is required by law. The complexity of e-commerce transactions Burden Of Proof On The Purchaser An issue that dates back to the Value Added Tax…