Which of the following can avail of, every month, an amount equal to 50% of the eligible input tax credit on inputs, capital goods and input services of that month?

CS Executive · Tax Laws · PYQS · December 2023
Which of the following can avail of, every month, an amount equal to 50% of the eligible input tax credit on inputs, capital goods and input services of that month?
(A) Banking Company
(B) Non-banking financial company
(C) Financial institution
(D) All the above

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: GST

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