MC (P) Ltd. acquired 4 motor cars meant for directors use and for use of the company. The GST paid thereon amounts to ₹ 6,20,000. How much of the GST paid is eligible for input tax credit?
CS Executive · Tax Laws · PYQS · June 2023
MC (P) Ltd. acquired 4 motor cars meant for directors use and for use of the company. The GST paid thereon amounts to ₹ 6,20,000. How much of the GST paid is eligible for input tax credit?
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: GST
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