Aggregate Turnover of a Registered Person is ₹15,00,000 out of which ₹6,00,000 is exempted turnover and ₹9,00,000 is taxable turnover. The common input on which GST is paid is ₹2,16,000. The eligible ITC on Common input
CS Executive · Tax Laws · PYQS · December 2024
Aggregate Turnover of a Registered Person is ₹15,00,000 out of which ₹6,00,000 is exempted turnover and ₹9,00,000 is taxable turnover. The common input on which GST is paid is ₹2,16,000. The eligible ITC on Common input as per section 17(2) is:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: GST
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