Tag Archives: Book adjustment

ITC can be claimed if consideration paid through book adjustment : AAR

By | May 9, 2019

The Applicant is engaged in the manufacturing and retailing of jewellery and articles made of gold, silver, platinum, diamonds and other precious stones under the brand name “Senco Gold & Diamonds”. Apart from his own retail stores, the Applicant also maintains a network of franchisee-operated stores. He grants such a franchisee the right and license… Read More »