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Answer all the questions. Write down a minimum of 500 words for each question. 1....

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Accounting

Answer all the questions. Write down a minimum of 500 words for each question.

1. Write down the names of items in Bangladesh which are not eligible for claiming input tax credit by making reference to the provisions of the VAT & SD Act, 2012.

2. State why is input tax credit mechanism the core of Value Added Tax?

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