HP Ltd. is engaged in manufacture of taxable goods. Compute the ITC available for the month of October, 2021 from the following particulars: Input 'A' ₹2,30,000 out of which one invoice on which GST Payable was ₹60,000 i
CS Executive · Tax Laws · PYQS · December 2022
HP Ltd. is engaged in manufacture of taxable goods. Compute the ITC available for the month of October, 2021 from the following particulars: Input 'A' ₹2,30,000 out of which one invoice on which GST Payable was ₹60,000 is missing. Input 'B' ₹75,000 in which inputs are received in 5 installments (Second installment received in Oct. 2021).
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: GST
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