Q.

Is Input tax to be reversed in case of supply of capital goods

A. Yes fully
B. No
C. Yes, to extent of credit taken as reduced by prescribed percentage or tax on transaction value whichever is higher
D. Yes, to the extent of transaction value of such goods
Answer» C. Yes, to extent of credit taken as reduced by prescribed percentage or tax on transaction value whichever is higher
4.5k
0
Do you find this helpful?
11

View all MCQs in

Indirect Taxes- GST

Discussion

No comments yet

Related MCQs