[Solved] Is Input tax to be paid in case of switchover from taxable to exempt supplies

Q.	Is Input tax to be paid in case of switchover from taxable to exempt supplies
A.	Yes, equivalent to the credit in respect of inputs held in stock (including semi- finished and finished goods) and on capital goods held in stock
B.	No
C.	Yes, full credit
D.	No, should be debited to electronic credit ledger
Answer» A. Yes, equivalent to the credit in respect of inputs held in stock (including semi- finished and finished goods) and on capital goods held in stock

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