A GST registered manufacturing company furnished the following information for the month of December 2020: (a) Goods and services on which tax has been paid by the supplier under section 10 of ₹10,000 (b) Capital goods u
CS Executive · Tax Laws and Practice · PYQS · December 2021
A GST registered manufacturing company furnished the following information for the month of December 2020: (a) Goods and services on which tax has been paid by the supplier under section 10 of ₹10,000 (b) Capital goods used for construction of building of ₹5,000 (c) Laptop to be used within factory office of ₹25,000 You are required to calculate input tax credit available to it.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: GST
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