The Input Tax Credit (ITC) is being credited to __________ of a person which may be used by the person to pay his out-put tax liability.

CS Executive · Tax Laws · PYQS · December 2019
The Input Tax Credit (ITC) is being credited to __________ of a person which may be used by the person to pay his out-put tax liability.
(A) Electronic Cash Ledger
(B) Electronic Credit Ledger
(C) Electronic Tax Ledger
(D) Electronic Tax Credit Ledger

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Goods and Services Tax (GST)

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