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Section 8: Apportionment of Input Tax Registered person dealing in taxable and exempt supplies who has consumed input tax for both taxable and exempt goods need to apportion input tax as per following formula: Residual Input Tax Credit on Taxable Supplies = Value of Taxable Supplies Value of Taxable + Exempt Supplies * Residual Input Tax Input tax not available as per above formula is to be disclosed at S. No. 7 of sales tax return MOORE Shekha Mufti 50 50

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