Raj & Co., applied for voluntary registration under CGST Act, 2017 on 5th July, 2017 and the registration was granted on 15th July, 2017. Raj & Co., was having the stock available against the invoices for a perio

CS Executive · Tax Laws and Practice · PYQS · June 2018
Raj & Co., applied for voluntary registration under CGST Act, 2017 on 5th July, 2017 and the registration was granted on 15th July, 2017. Raj & Co., was having the stock available against the invoices for a period of 3 months old. Raj & Co., shall be eligible for input tax credit on such stock as held as on:
(A) 30th June, 2017
(B) 05th July, 2017
(C) 15th July, 2017
(D) 14th July, 2017

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: GST

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