Sub-section six explains the manner of taking input tax credit in the case in the inputs procured are made use of for creating taxable supplies and non-taxable supplies. It is far more importantly a story of governmental hubris that started with President Bush and the Republican Congress panicking and pandering to public fears, followed by President Obama and his administration - the Treasury Department in certain, skirting, or ignoring the rule of law to pursue a plan that was formulated based on political considerations rather than established contract law and sound economic procedures.Provide

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